Economics · Macroeconomics
If global crude oil prices rise sharply and India's import bill increases significantly, while capital inflows remain unchanged, under a flexible exchange rate regime the immediate macroeconomic impact is most likely to be:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Appreciation of the rupee
- 2Depreciation pressure on the rupee✓
- 3Automatic rise in forex reserves
- 4Reduction in trade deficit
Correct answer
Depreciation pressure on the rupee
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Macroeconomics MCQs →Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics