GkSeries.com

Banking System and Capital Market Questions and Answers for Competitive Exams

Q.

The outcome of ‘devaluation of currency’ is

[A] Increased export and improvement in balance of payment
[B] Increased export and foreign reserve deficiency
[C] Increased import and improvement in balance of payment
[D] Increased export and import

Answer & Explanation

Answer: Option [A]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test