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Consider the following statements:
Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.
Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement I and Statement II are correct and Statement II explains Statement I.
  • b)
    Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
  • c)
    Statement I is correct, but Statement II is incorrect.
  • d)
    Statement I is incorrect, but Statement II is correct.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements:Statement I: The RBI's aspirational...
Statement I: The RBI does include promoting Indian MNCs and global brands as part of its aspirational goals, as highlighted in the text. This statement is correct.
Statement II: Exchange rate volatility is indeed mentioned as a challenge faced by the RBI in the context of internationalizing the Indian Rupee. This statement is also correct.
Therefore, the correct answer is:
Option A: Both Statement I and Statement II are correct and Statement II explains Statement I.
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Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.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 Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.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 Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer?.
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Here you can find the meaning of Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements:Statement I: The RBI's aspirational goals include promoting Indian MNCs and global brands through support for overseas investments.Statement II: Exchange rate volatility is one of the challenges the RBI faces in its efforts to internationalize the Indian Rupee.Which one of the following is correct in respect of the above statements?a)Both Statement I and Statement II are correct and Statement II explains Statement I.b)Both Statement I and Statement II are correct, but Statement II does not explain Statement I.c)Statement I is correct, but Statement II is incorrect.d)Statement I is incorrect, but Statement II is correct.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
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