12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    From the following statements given in Column I am Column II, choose the correct pair of statements:
    Column I Column II
    (A) A change from S1 = Rs. 70 to S1 = Rs. 75 1. Demand for foreign exchange
    (B) A change from S1 = Rs. 75 to S1 =  Rs. 70 2. Supply of foreign exchange
    (C) Import of  I-phone 3. Appreciation of currency
    (D) Foreigners coming to India to visit Taj Mahal 4. Depreciation of currency
     

    A) A - 4, B - 3, C - 2, D - 1

    B) A - 1, B - 4, C - 2, D - 3

    C) A - 1, B - 3, C - 4, D - 2

    D) A - 4, B - 3, C - 1, D - 2

    Correct Answer: D

    Solution :

    [d] A - 4, B - 3, C - 1, D - 2


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