n NISM Certifications
XIII NISM Series XIII
Medium

Due to overnight global factors, INR was supposed to weaken but instead strengthened during the trading day. Which factor may have caused this?

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Weak Indian Stock Markets

  2. Central Bank's intervention

    Correct answer

  3. C

    Huge political unrest in India

  4. D

    Banking holidays for the next two days

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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