Prelims 2021 • Paper 1 (GS) • Q.8

Prelims • Paper 1 (GS) • 2021 • Q.8

Indian Economy

Consider the following statements : The effect of devaluation of a currency is that it necessarily 1. improves the competitiveness of the domestic exports in the foreign markets 2. increases the foreign value of domestic currency 3. improves the trade balance Which of the above statements is/are correct?

2021 Prelims • Paper 1 (GS)

Q.7 Q.9

Syllabus Connection

Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. (GS-III)

NCERT Connection

Ch.6: Open Economy Macroeconomics

Economics • Class 12 • Class 12 Macroeconomics

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