Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

What does the term foreign exchange means?

Options:

currency of another country

bonds of another country

Currency or bonds of another country

Currency or bonds and loans of another country

Correct Answer:

Currency or bonds of another country

Explanation:

The correct answer is Option 3: Currency or bonds of another country

Foreign Exchange : Currency or bonds of another country.