Q: 15 (CDS-I/2023)Which of the following policies help to raise interest rate unambiguously and thereby lead to appreciation of currency?Expansionary fiscal and monetary policyContractionary fiscal and monetary policyContractionary fiscal policy and expansionary monetary policyContractionary monetary policy and expansionary fiscal policyquestion_subject: Economicsquestion_exam: CDS-IExplanationContractionary fiscal and monetary policies typically raise interest rates by reducing money supply and government spending, which can lead to currency appreciation as higher interest rates attract foreign capital. Please login to bookmark this question