Which of the following statement is true?<br>1. Rs. 63/USD is direct quote in India.<br>2. Rs. 63/USD is direct quote in USA.<br>3. 1 Rupee = 0.0158 dollars is indirect quote in India.<br>4. 1 Rupee = 0.0158 dollars in indirect quote in USA

Correct Answer: Both 1 and 3