πŸ“Š Economic
Q. ‘Devaluation’ means :
  • (A) reduction in the value of a currency vis-a-vis major internationally traded currencies
  • (B) permitting the currency to seek its worth in the international market
  • (C) fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies
  • (D) fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners
βœ… Correct Answer: (A) reduction in the value of a currency vis-a-vis major internationally traded currencies

You must be Logged in to update hint/solution

πŸ’¬ Discussion


πŸ“Š Question Analytics

πŸ‘οΈ
685
Total Visits
πŸ“½οΈ
4 y ago
Published
πŸŽ–οΈ
Omveer
Publisher
πŸ“ˆ
89%
Success Rate