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  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

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

  • question_answer
    It has been observed in recent times that Indian currency is depreciating against US Dollar. Which of the following reason can be accounted for the same?

    A) Rising inflation in the county

    B) Fall in stock prices

    C) Rise in global prices

    D) All of the above

    Correct Answer: D

    Solution :

    There are many reasons that can be accounted for depreciation of Indian currency against UD Dollar, few of such reasons are listed in options.


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