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Devaluation of currency leads to

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Devaluation of currency leads to A. erratic fluctuations in domestic prices B. no impact on domestic prices C. increase in domestic prices D. fall in domestic prices Check Answer Complaint Here As Incorrect Question / Answer

Related Questions Devaluation of a currency means A. fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners B. fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies C. permitting the currency to seek its worth in the international market D. reduction in the value of a currency vis-a-vis major internationally traded currencies Check Answer Complaint Here As Incorrect Question / Answer Devaluation of currency will be more beneficial if A. prices of imports remains constant B. prices of exports rise proportionately C. prices of exports remain constant D. prices of domestic goods remain constant Check Answer Complaint Here As Incorrect Question / Answer Devaluation of currency helps to promote A. exports B. imports at lower cost C. savings D. national income Check Answer Complaint Here As Incorrect Question / Answer 'Devaluation' means A. converting rupee into gold B. lowering of the value of one currency in comparison of some foreign currency C. making rupee dearer in comparison to some foreign currency D. None of the above Check Answer Complaint Here As Incorrect Question / Answer Hard currency is defined as currency A. which can hardly be used for international transactions B. which is used in times of war C. which loses its value very fast D. traded in foreign exchange market for which demand is persistently relative to the supply Check Answer Complaint Here As Incorrect Question / Answer

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