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The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer?.

Solutions for The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The following questions given below are based on the information given in the passage above them. You are required to go through the information and choose an option that can best be marked as the correct answer.The rupee has breached the psychological 80-level mark at the US dollar and is now hovering around it for a couple of days. This is indeed bad news for numerous importers and of course, the country whose trade deficit swells to a new high. Though it would be wrong to assume that it is the end of the road for the Indian economy and we are headed for a Sri Lanka-like situation. Nevertheless, it is __________ as it means that something needs to be done to stop the further slide of the rupee against the dollar as it is the US from where we import a lot of goods that are essential for Indian businesses.The reason for the depreciation of the rupee against the dollar is varied, some manageable others not. A big factor is indeed the Ukraine war which has obstructed the supply lines. It has been a steady decline in the Indian currency since February when the Ukraine war began.The rising dollar is bad news for the Indian economy as the current account deficit increases. The slide in the rupee would put an extra burden on the current account deficit (CAD). India is already struggling with its CAD. It is likely to touch $105 billion or 3 percent of the GDP this fiscal.Even worse is its impact on inflation which is already racing fast. As the rupee loses its sheen the imports become dearer. This leads to a rise in the prices of raw materials and that reflects in the selling prices. So, we have to pay more for the same goods as the sellers struggle to sustain.India has to act and act fast to avoid any misgivings about the economic fundamentals of the country. The Reserve Bank of India (RBI) is taking several measures like selling US dollars in the open markets, out of its forex reserves. This increase the supply of USD in the markets, bringing down their value. But this is a risky proposition as it leads to depreciation of forex reserves. Since February 2022, Indias forex reserves have depleted by Rs 1 trillion.Besides, the rupee settlement mechanism is also being talked about. Under this arrangement, foreign companies can make their payments in rupees. How far this will work is difficult to say as we have a net trade deficit with the USA. Lets hope the Ukraine war ends easing the flow of goods and easing the payment situation.Q.Which of the given options have not been given as the repercussions of the depreciating rupee?(i) It would adversely impact the inflation which is already rising(ii) There will not be an immediate impact on the CAD of India(iii) Excessive selling of the US dollar would weaken the forex reservesa)Only (i)b)Only (ii)c)Only (iii)d)Both (ii) and (iii)e)None has been givenCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.