Question
Suppose, today, the exchange rate of rupee to dollar
changed from Rs 65/dollar to Rs 60/dollar. This phenomena is called:Solution
Since the exchange rate is improving, it will be called appreciation. Again now India followed managed Floating Exchange Rate, thus it will be called appreciation. In the Fixed Exchange Rate regime, it would have called Revaluation. Similarly if exchange rate decreases, it would be called depreciation.
Who was named the ambassador for the "War Against Waste" initiative in Jammu & Kashmir?
In Jan 2024, which Indian state's 'Kadiyal Sarees' have been awarded the Geographical Indication (GI) tag?
Which of the following statements is true about biodiversity hotspots?
1. The British Biologist Norman Myers coined the term “biodiversity hots...
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Which of the following is an example of revenue receipt in the government budget?
The Reserve Bank of India was established in:
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In which year was the Small Industries Development Bank of India (SIDBI) set up?
