Which one of the following is not the most likely measure the Government/RBI takes to stop the slide of Indian rupee?
A. Curbing imports of non-essential goods and promoting exports
B. Encouraging indian borrowers to issue rupee denominated Masala bonds
C. Easing conditions relating to external commercial borrowing
D. Following an expansionary monetary policy
Answer:D
Which one of the following is not the most likely measure the Government/RBI takes to stop the slide of Indian rupee?
A. Curbing imports of non-essential goods and promoting exports B. Encouraging indian borrowers to issue rupee denominated Masala bonds C. Easing conditions relating to external commercial borrowing D. Following an expansionary monetary policy