Currency and Inflation Questions and Answers for Competitive Exams

Question

When there is an official change in the exchange rate of domestic currency, then it is called:

A Appreciation
B Depreciation
C Revaluation
D Deflation

Answer & Explanation

Answer: Option [C]

⭐ Make GKSeries Your Preferred Source on Google

Add GKSeries as Preferred Source

Read More Economics Solved Questions