📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    How much did the Indian rupee fall against the dollar in

    the sharpest weekly decline in nearly three years?
    A 0.95% Correct Answer Incorrect Answer
    B 1.05% Correct Answer Incorrect Answer
    C 1.18% Correct Answer Incorrect Answer
    D 1.25% Correct Answer Incorrect Answer
    E 1.30% Correct Answer Incorrect Answer

    Solution

    The rupee depreciated by 1.18% against the dollar in a single week, the steepest fall in almost three years. Such a decline increases import costs, raises inflationary pressure, and can trigger RBI interventions to prevent excessive volatility in the currency market.

    Practice Next
    ask-question