NextQ16

Identify, which of the following is not a source of demand for foreign exchange for Indian economy ? (Choose the correct alternative.)

Determination and Changes in Exchange RateStudy Simplify SpecialPYQ1MCQ
Question 15

Read the following statements – Assertion (A) and Reason (R). Choose one of the correct alternatives given below : Assertion (A) : Ceteris Paribus, Devaluation of domestic currency leads to an increase in National Income of a nation. Reason (R) : Devaluation of domestic currency refers to reduction in the value of domestic currency with respect to foreign currency, under the fixed exchange rate system. Alternatives :

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