General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 6)

Indian Economy

Devaluation of a currency means

reduction in the value of a currency vis-a-vis major internationally traded currencies

permitting the currency to seek its worth in the international market

fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies

fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners

Answer: Option

Explanation:

No answer description is available. Let's discuss.

Discussion:

32 comments Page 4 of 4.

Raj said: 1 decade ago

I didnt understand plz explain me?

Priyanka said: 1 decade ago

What is the meaning of B, C, & D option?

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