The problem of international liquidity is related to the non-availability of
[amp_mcq option1=”goods and services” option2=”gold and silver” option3=”dollars and other hard currencies” option4=”exportable surplus” correct=”option3″]
This question was previously asked in
UPSC IAS – 2015
The problem of international liquidity is related to the non-availability of dollars and other hard currencies.
International liquidity refers to the availability of financial assets that can be readily used to settle international transactions, primarily reserves of convertible foreign currencies (hard currencies), gold, and drawing rights with international institutions like the IMF (SDRs).