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Which one of the following is not the most likely measure the Government/RBI takes to stop the slide of Indian rupee

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Which one of the following is not the most likely measure the Government/RBI takes to stop the slide of Indian rupee?

(a)

Curbing imports of non-essential goods-and promoting exports

(b)

Encouraging Indian borrowers to issue rupee denominated Masala Bonds

(c)

Easing conditions relating to external commercial borrowing

(d)

Following an expansionary monetary policy

Answer:

(d)

Moderate

Core Books

Core Books/NCERT

Explanation

Following an expansionary monetary policy will lead to the money supply in an economy. This in turn will lead to more outflow of dollars and thus, the rupee arrest cannot be stopped.