It is said that. in order to control inflation, foreign inflow needs to be sterilized. Sterilization here refers to
A. Ensuring that counterfeit currency does not enter circulation,
B. Ensuring that black money is accounted for,
C. Withdrawing equivalent local currency to maintain a desirable rate of exchange,
D. Compliance with import-export regulations,
Answer:C
It is said that. in order to control inflation, foreign inflow needs to be sterilized. Sterilization here refers to
A. Ensuring that counterfeit currency does not enter circulation, B. Ensuring that black money is accounted for, C. Withdrawing equivalent local currency to maintain a desirable rate of exchange, D. Compliance with import-export regulations,