Question:
Identify the correct pair of statements given in Column I with the related terms in Column II:
Identify the correct pair of statements given in Column I with the related terms in Column II:
Show Hint
Devaluation is a government policy to lower a currency’s value to boost exports and reduce trade deficits.
Updated On: Feb 24, 2025
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
- Statement 2 correctly matches with "Devaluation" because devaluation refers to the government's deliberate reduction of the currency's value against foreign currencies under a fixed exchange rate system.
- The other options do not correctly match, making option (B) correct.
- The other options do not correctly match, making option (B) correct.
Was this answer helpful?
0
0
Top Questions on Balance of payments (BOP)
- According to the Reserve Bank of India’s (RBI’s) Statistical Supplement released on 19th May, 2023:
“India’s foreign exchange reserves grew for the third straight week and reached near an approximate level of $600 billion.”
The above situation will ----- the ----- side of Balance of Payments account of India.
(Choose the correct alternative to fill in the blanks)- CBSE CLASS XII - 2024
- Economics
- Balance of payments (BOP)
- Discuss any two factors which directly affect the demand for foreign exchange of a nation.
- CBSE CLASS XII - 2024
- Economics
- Balance of payments (BOP)
- Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below: Assertion (A): In case of an unfavourable Balance of Trade, the Current Account of the nation may be in surplus. Reason (R): Net invisible receipts of a nation can exceed the Net visible receipts. (Choose the correct alternative)
- CBSE CLASS XII - 2024
- Economics
- Balance of payments (BOP)
- The Rangarajan Panel on 4th June 1993 submitted recommendations related to Balance of Payment (BoP). Which one of the following was NOT a part of the Panel’s recommendations?
- IIT JAM EN - 2024
- Indian Economy
- Balance of payments (BOP)
- How will the purchase of Rafael planes by India from France be recorded in the balance of payments account?
- CUET (UG) - 2024
- Economics
- Balance of payments (BOP)
View More Questions
Questions Asked in CBSE CLASS XII exam
- Write the general electronic configuration of f-block elements.
- CBSE CLASS XII - 2024
- Transition Elements
- \( E^0 \) value of Cu\(^{2+}\)/Cu is \( +0.34 \) V.
- CBSE CLASS XII - 2024
- Transition Elements
- Why do transition metals and their compounds show catalytic activities?
- CBSE CLASS XII - 2024
- Transition Elements
- Predict which of the following will be coloured in aqueous solution and why? Sc$^{3+$, Fe$^{3+}$, Zn$^{2+}$} [Atomic numbers: Sc = 21, Fe = 26, Zn = 30]
- CBSE CLASS XII - 2024
- Transition Elements
- Of the \( d^4 \) species, Cr\(^{2+}\) is strongly reducing while Mn\(^{3+}\) is strongly oxidizing.
- CBSE CLASS XII - 2024
- Chemical Reactions
View More Questions