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The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer?.

Solutions for The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The term Impossible Trinity has been in the news recently, and it pertains to which of the following economic aspects:a)This concept suggests that an economy cannot simultaneously have its own monetary policy, a fixed exchange rate, and unrestricted capital movement across its borders.b)This concept means that an economy cant have its own fiscal policy, keep its currencys value fixed, and let money move freely in and out of the country all at once.c)This concept means that an economy cannot simultaneously manage a current account deficit, maintain a fixed exchange rate, and permit unrestricted capital flows.d)This concept implies that an economy cannot handle a current account deficit, maintain a fixed interest rate, and allow unrestricted capital flows all at the same time.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.