Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Open Economy Macro Economics

Question:

What impact has "Make in India" initiative caused to the flow of foreign exchange?

Options:

Outflow

Inflow

No change in the flow

Depends upon the prevailing foreign exchange rate

Correct Answer:

Inflow

Explanation:

the correct answer is Option 2: Inflow

"Make in India" has resulted in increased FDI in the country and increased exports from India to other countries. This caused an inflow of foreign exchange.