2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India
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Russia
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North Korea
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China
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Detailed explanation-1: -Currency manipulation has a disproportionate effect on the secondary sector of the economy and lobbyists of the U.S. manufacturing sector have regularly referred to China as a currency manipulator.
Detailed explanation-2: -If a country is on the US’ Currency Monitoring List that country is considered a ‘currency manipulator’. A currency manipulator is an identification given by the US government authorities. This name pertains to countries that commit unfair currency methods for a trade advantage.
Detailed explanation-3: -In December 2020, the United States Treasury Department placed India under its Currency Manipulation Watchlist after a year it was taken off that same list. Other countries include Switzerland, Japan, Germany etc.
Detailed explanation-4: -China, Japan, South Korea, Germany, Malaysia, Singapore and Taiwan are currently on the list of currency monitoring list.