Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

The balance of payments of a country is in equilibrium when the

[A] Demand as well as supply of the domestic currency are the highest
[B] Demand for the domestic currency is equal to its supply
[C] Demand for the domestic currency is the highest
[D] Demand for the domestic currency is the lowest

Answer & Explanation

Answer: Option [B]

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