Multiple Choice Questions

Consider the following statements Statement I A very strong US Dollar squeezes global credit Statem...........

Indian Economy External Sector

. Consider the following statements :

Statement I :A very strong US Dollar squeezes global credit.

Statement II :Many countries and companies outside America borrow in Dollars.

Which of the following is correct in respect of the above statements ?

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EPFO EO AO 2023

Both statement I and statement II are correct and statement II is the correct explanation for statement I

Both statement I and statement TI are correct and statement II is not the correct explanation for statement I

Statement I is correct but statement II is incorrect

Statement I is incorrect but statement II is correct

Statement I is incorrect but statement II is correct

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