Question

According to the author rupee is not the only currency that is losing its value against dollar. How does this fact affect India?

Q: Answer-According to the author rupee is not the only currency that is losing its value against dollar. How...

In the passage, it is stated that The fact that the rupee is not alone in depreciating against the dollar can be of little comfort to Indian companies reliant on imports of raw materials or services for the smooth functioning of their businesses.

A It helps keep up the morale, as India still has a chance to make a complete recovery from the depreciating prices.

B This helps companies that are involved in export and import to reap maximum benefits in a small amount of time.

C This fact does not help India at all, as Indian companies are facing setbacks in foreign trade.

D It is a matter of comfort for India and Indian MNCs.

E India will help India to take advantage of the trade with USA

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According to the author rupee is not the only currency that is losing its value against dollar. How does this fact affect India?

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