Question
If the INR is quoted as 1 USD = Rs.76, it is called a
_________Solution
Direct quote is when foreign currency is fixed and Indian rupee are variable (i.e. 1USD = Rs.76). Indirect quote is when foreign currency is variable and Indian Rupee is fixed (i.e. Rs.100= USD 1.32). In India, direct quotes are quoted for INR.
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Certain portions of the constitution may be amended by:
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