n NISM Certifications
NSM General NISM
Medium

RBI announces a reduction in interest rates at 11 AM. What is the likely impact on the Indian Rupee?

Practice question from NISM Series I - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    No effect

  2. B

    Strengthening

  3. Weakening

    Correct answer

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

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