1.

      Many a times we read about Hot Money in newspapers. Which among the following options rightly describes hot money?

A. Hot money is useful and generally durable and is good for the country in all weathers
B. Hot money is dangerous and volatile and leaves the country in bad weather conditions
C. Hot money is good and adds to the development of the country & it comes from exports of services
D. Hot money is bad & useless as its arises from unusual activities like casinos, gambling, horse races, speculations etc.
Answer» C. Hot money is good and adds to the development of the country & it comes from exports of services


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