(i) Explain the effect of appreciation of domestic currency on imports of a nation. Provide an example to support your explanation. (ii) Explain any two components of Current Account under Balance of Payments. (i) ``A rise in price of foreign exchange leads to fall in demand for foreign exchange, other factors remaining constant.'' Do you agree with the given statement ? Give valid reasons in support of your answer. (ii) As per the statement given by the Governor of Reserve Bank of India (RBI) dated 10th August 2023 : ``The inflows from net commercial borrowings have been US $ 60 billion during April - June 2023.'' Identify, the sub-account and the side of Balance of Payments where the above stated transactions would be recorded. State valid reasons in support of your answer.