Question

From the following, identify the correct reasons that my affect the supply of foreign exchange in an economy: 

1. Purchase of land in England by an Indian
2. Foreign tourists visiting Taj Mahal
3. Donation of $ 500 million from Microsoft
4. Indian students going to Australia for studies

विकल्प

• I and II

• II and IV

• II and III

• I and IV

Answer 1

II and III

• Foreign tourists visiting Taj Mahal
• Donation of $ 500 million from Microsoft

Explanation:

I and IV increases the demand for foreign currency and II and III increases the supply of foreign currency in the economy.