2. Questions Bank
  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

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

  • question_answer
    A downward movement along the demand curve for foreign exchange indicates

    A) Appreciation of currency

    B) Depreciation of currency

    C) Devaluation of currency

    D) Revaluation of currency

    Correct Answer: A

    Solution :

    A downward movement along demand curve is caused by fall in exchange rate, which represents appreciation of domestic currency.


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