Curioustab

Home » General Knowledge » Indian Economy

Devaluation of currency leads to

fall in domestic prices
increase in domestic prices
no impact on domestic prices
erratic fluctuations in domestic prices

Correct Answer: increase in domestic prices

← Previous Question Next Question→

More Questions from Indian Economy

Gross domestic capital formation is defined as
Which of the following is not an undertaking under the administrative control of Ministry of Railways?
The condition of indirect taxes in the country's revenue is approximately
ICICI is the name of a
If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
Deficit financing leads to inflation in general, but it can be checked if
On July 12, 1982, the ARDC was merged into
Of the gross tax revenue of the Union Government the indirect taxes account for nearly
In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves interest payments subsidies defence irrigation

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion