Daily Quiz – 16.10.2026

1. A rise in international crude oil prices can exert depreciation pressure on the Indian rupee by increasing India’s demand for foreign currency to finance imports.
2. Restrictions on foreign exchange derivative transactions without an underlying exposure can help curb speculative activity, but they do not eliminate exchange-rate pressures arising from fundamental economic factors.

III. Direct dollar supplies to oil marketing companies can reduce their demand for dollars in the interbank market, thereby ensuring that India’s foreign exchange reserves remain unaffected by such intervention.

Which of the following inferences can be drawn from the above statements?

1. Exchange-rate pressures arising from external trade conditions may persist even when regulatory measures restrict speculative positions in the forex market.
2. RBI interventions that reduce short-term demand for foreign currency in the interbank market necessarily eliminate the underlying demand for foreign currency arising from imports.
3. The effectiveness of RBI’s measures in moderating currency volatility depends partly on whether the sources of foreign exchange demand are speculative or arise from fundamental economic requirements.

Select the answer using the code given below:

1. 1. The survey is published by the National Statistics Office under the Ministry of Statistics and Programme Implementation.
   2. The share of male workers undertaking daily work trips exceeding 1 km is higher than that of female workers.

   III. The average monthly expenditure on commuting to a fixed workplace is higher among rural workers than urban workers.

   How many of the statements given above are correct?

1. The freedom of speech in Parliament is subject to the provisions of the Constitution and the rules and standing orders regulating the procedure of Parliament.
2. A Member of Parliament is immune from civil and criminal proceedings for any statement made by them outside Parliament, provided the statement relates to parliamentary proceedings.
3. The powers, privileges and immunities of each House of Parliament and its members are determined exclusively by laws enacted by Parliament.

Which of the statements given above is/are correct?