2019 Economy - Currency Crisis, Balance of Payments, Foreign Exchange

In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis? 1. The foreign currency earnings of India's IT sector 2. Increasing the government expenditure 3. Remittances from Indians abroad Select the correct answer using the code given below.

• 1 only
• 1 and 3 only
• 2 only
• 1, 2 and 3