D. Limiting systemic risk and ensuring the stability of the financial system as a whole
Answer: Option D
Solution (By JKSSB Mock Tests)
Macroprudential policy uses regulatory and supervisory tools to mitigate systemic risk and to increase the resilience of the financial system as a whole, complementing microprudential supervision of individual institutions.
Explanation:
Invisible trade (or invisibles) includes trade in services (such as tourism, software, transportation), income (interest, dividends) and unilateral transfers.
No comments yet. Be the first to start the discussion!