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With falling exchange rate (also called depreciation), import becomes costlier. Suppose we were importing a pen at $ 1. Now if exchange rate decreases from Rs 60/dollar to Rs 65/dollar. Now we have to pay 65 rupees instead of 60 rupees. Thus our interest payment on foreign loan increases. Same for dividend payment on investment. But it benefits the IT companies since depreciation benefits exporters. Export becomes cheaper with falling exchange rate. And our IT companies are net exporter of services so they get benefitted from depreciation.
Which Indian movie had won the National Award for the Best Feature Film of 2020?
In Fencing, a contest between the two fencers is known as:
Rajasthan govt announced new districts ahead of assembly polls. Which of the following is INCORRECT about this announcement?
1. Rajasthan chie...
In a worksheet, which one of the following is not a cell referencing style?
What is the chemical name of Vitamin D ?
The provision for constituting an 'Expert Committee' finds place under which one among the following legislations?
What is the remainder when 220 is divided by 3?
Which of the following options correctly describes the sequence of formation of the following states in independent India in chronological order startin...
The season for torrential downpours, often accompanied by hail, associated with violent winds, and localized thunderstorms. In West Bengal, these kinds ...
If BOY is coded DQA, then how will CAT be coded?