The reserve bank sells foreign exchanges when there is a deficit in the balance of payment. This sale is called? Option 1: Government operation Option 2: Official sale Option 3: Official reserve sale Option 4: Official exchange determination

The answer is 'Official reserve sale'. View full solution:

The reserve bank sells foreign exchan>=s when there is a deficit in the balance of payment. This sa<= is cal<=d?

Official exchan>= determination

CUET Economics 2026 6th June Shift 1

Macro

Easy

Government operation

Official sale

Official reserve sale

Official exchange determination

✅ Correct Option: 3