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What are the recent trends in the global economy which has led to RBI 'sell buy' swap of USD/INR(a) financial markets worldwide facing intense selling
Question

What are the recent trends in the global economy which has led to RBI 'sell buy' swap of USD/INR

(a) financial markets worldwide facing intense selling pressures due to the spread of Covid-19 infections.

(b) Slump of international crude prices.

(c) Emerging market currencies experiencing upward pressure.

A.

(a) only

B.

(b) and (c) only

C.

(a) and (b) only

D.

(c) only 

E.

Answer not known

Correct option is C

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