IndiaBIX

General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 43)
Indian Economy
43.

Devaluation of currency will be more beneficial if

prices of domestic goods remain constant
prices of exports remain constant
prices of imports remains constant
prices of exports rise proportionately
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
22 comments Page 3 of 3.
Bharath said:   1 decade ago
Devaluation of currency is reducing the value of the currency compared to the other currencies in the international market. Now if you devalue the currency of a particular country which has a robust export system then it means you are exporting healthily thereby keeping the competitive edge over other countries exporting the same goods at their currency values. I hope this helped.
Sushil said:   1 decade ago
how , plz explain if anyone knows
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