1.

Which of the following can be inferred from the passage?1). A massive drop in crude oil prices has helped the rupee recover from record lows.2). The strength in the US dollar and the rate hikes from the US Federal Reserve have been responsible for the downfall of the Indian currency.3). The foreign portfolio investors (FPI) pulling out money from the Indian debt segment has been keeping the rupee under pressure.4). WTI crude has massively dropped, wiping out all the gains it made through this year.

Answer»

The correct answer is option 5, i.e., 'All of the above'.

All the SENTENCES MENTIONED above can be directly or INDIRECTLY INFERRED from the passage.



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