IN THE early hours of February 20th 2010 Uday Vir Singh, an Indian forestry officer, bluffed his way past a private militia guarding a dusty port called Belekeri. For months suspicious-looking convoys of trucks had been thundering across India to the port s quays on the country s west coast, just...
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I got this question in one of the interviews..
Why cant India just pay off all it's debts to the US by printing more money (equivalent to the dollar amount owed) and not circulating that extra money in our economy so that our inflation doesn't rise?
CAT 2013: 95.5; Calls: IIM L, K, I, new IIM's, SJMSOM, MDI, IMT-G. | Converts: SJMSOM, IIM I, IIM Ro | Skipped: IMT-G, IIT D | W/L: MDI (1193) , IIM T, IIM U (18) | Rejects: IIM K | No Idea: IIM L :mg: