Question

Suppose, today, the exchange rate of rupee to dollar changed from Rs 65/dollar to Rs 60/dollar. This phenomena is called:

A Appreciation
B Depreciation
C Devaluation
D Revaluation
E None of the above
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)