UPSC 2019EconomyModerate

In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis? 1. The foreign currency earnings of India's IT sector 2. Increasing the government expenditure 3. Remittances from Indians abroad Select the correct answer using the code given below.

a
1 only
b
1 and 3 only
c
2 only
d
1, 2 and 3
External SectorBalance of Payments, Currency StabilityCurrency crisisforeign currency earningsIT sectorgovernment expenditureRemittancesIndians abroad

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