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
    Depreciation in currency means:

    A) fall in the value of domestic currency in terms of foreign currency

    B) rise in the value of domestic currency in terms of foreign currency

    C) no change in the value of domestic currency

    D) None of the above

    Correct Answer: A

    Solution :

    [a] fall in the value of domestic currency In terms of foreign currency


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