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Demand and Supply of Foreign Exchange

Supply of for...

Question

Supply of foreign currency depends upon:

A

exports of the country

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B

remittances by non-residents living in rest of the world

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C

direct purchases by rest of the world

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D

all of these

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Solution

The correct option is D
all of these

Exports, direct purchases, and remittances from abroad are sources of supply of foreign currency.

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