๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      Assume that exchange rate between the US Dollar and

      Indian Rupee is $1= โ‚น55. Now if this exchange rate increases to $1 = โ‚น60, then in this case the Indian Rupee has ____ in comparison to the US dollar.
      A Depreciated Correct Answer Incorrect Answer
      B Appreciated Correct Answer Incorrect Answer
      C Demonetised Correct Answer Incorrect Answer
      D Overvalued Correct Answer Incorrect Answer

      Solution

      The correct answer is A

      Practice Next
      ask-question