in 1991, India devalued its currency by 18 per cent to
A) 19%
B) 20%
C) 21%
D) 22%
Correct Answer:
Verified
Q1: By restricting imports through the quota system,
Q2: A deficit in BOP occurs when
A)Credit>debit
B)Credit
D)None of
Q3: Fundamental disequilibrium is
A)A short-term nature
B)A medium-term nature
C)A
Q4: Deflation as a measure of correcting deficit
Q6: When government imposed tariffs, it results in
Q7: Which of the following is not a
Q8: Invisible exports and imports are the component
Q9: Exports that are estimated on free on
Q10: Imports that are estimated on carriage, insurance
Q11: The Indian rupee was made a freely
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