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Select the most appropriate clause to fill the blank (A) in the following paragraph: "______________________________________________________(A)/ ...

Banking SBI PO Mains Medium Cloze Test MCQ

Question

Select the most appropriate clause to fill the blank (A) in the following paragraph:

"______________________________________________________(A)/ as their currencies resume their prolonged slide against the U.S. dollar. (B)/ The Indian rupee weakened past the 71 mark for the first time ever on Friday, (C)/ registering a loss of about 10% of its value against the dollar since the beginning of the year. (D)/ This makes the rupee the worst-performing currency in Asia. (E)"

Options

A.

(a) Investors who earlier put their money in emerging markets

B.

(b) Emerging market currencies, most notably the Turkish lira have suffered much larger losses owing

C.

(c) Emerging market economies continue to be in the spotlight for the wrong reasons

D.

(d) Emerging market countries, which earlier benefited from the easing of monetary conditions,

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