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For international payments, the Indian currency is linked to which of the following?

  1. A
    American Dollar
  2. B
    British Sterling
  3. C
    Gold Standard
  4. D
    None of the above

Solution & Step-by-step Explanation

For international transactions and payments, the Indian Rupee is primarily linked to and managed in relation to the US Dollar, which acts as the major global anchor currency.

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For international payments, the Indian currency is linked to which of the following?
A
American Dollar
B
British Sterling
C
Gold Standard
D
None of the above

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MacroeconomicsCurrencyInternational Finance

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