Select the correct code of the following statements being correct or incorrect.Statement (I) : International liquidity encompasses the international reserves only.Statement (II) : International liquidity covers only official holdings of gold, foreign exchange, SDRs and reserve position in the IMF available for the settlement of the international transactions.

Question

Select the correct code of the following statements being correct or incorrect.Statement (I) : International liquidity encompasses the international reserves only.Statement (II) : International liquidity covers only official holdings of gold, foreign exchange, SDRs and reserve position in the IMF available for the settlement of the international transactions.

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

Both the statements are correct.

TuteeHUB · Answer

Both the statements are incorrect.

TuteeHUB · Answer

Statement (I) is correct while Statement (II) is incorrect.

TuteeHUB · Answer

Statement (I) is incorrect while Statement (II) is correct.

1.	Select the correct code of the following statements being correct or incorrect.Statement (I) : International liquidity encompasses the international reserves only.Statement (II) : International liquidity covers only official holdings of gold, foreign exchange, SDRs and reserve position in the IMF available for the settlement of the international transactions.
A.	Both the statements are correct.
B.	Both the statements are incorrect.
C.	Statement (I) is correct while Statement (II) is incorrect.
D.	Statement (I) is incorrect while Statement (II) is correct.
Answer» E.

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