IBPS RRB Office Assistant Model Paper 2
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Question : 83 of 200
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As per the reports published by the International Monetary Fund (IMF) the developing economies across the world are holding a massive stockpile of foreign exchange reserves. Which of the following is/ are the resultant consequences of this type of stock pilings by various nations?
A) A trade imbalance (vast difference in value of imports/ exports) is generated between the developing and emerging economies and the rich countries. It is not, a healthy sign.
B) Many economists are of the opinion that these imbalances created the underpinning of the current global economic crisis.
C) This stockpiling is responsible not only for problems in trade balances but has also created a problem of money laundering.
A) A trade imbalance (vast difference in value of imports/ exports) is generated between the developing and emerging economies and the rich countries. It is not, a healthy sign.
B) Many economists are of the opinion that these imbalances created the underpinning of the current global economic crisis.
C) This stockpiling is responsible not only for problems in trade balances but has also created a problem of money laundering.
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