Economics Test ...

A downward movement along the demand curve for foreign exchange indicates

he US $ exchange rate for rupee is ₹ 75 now, as compared to ₹ 63 previously. This shows that the value of rupee has

If ₹ 75 are required to buy 1$, instead of ₹ 78 per US Dollar, this situation is indicating that

Clean floating exchange rate is determined at a point wher

It has been observed in recent times that Indian currency is depreciating against US Dollar. Which of the following reason can be accounted for the same?

Assertion (A): Demand for foreign exchange and exchange rate moves in the same direction.

Reason (R): When exchange rate rises domestic goods becomes cheaper in international market.

Alternatives

Assertion (A): Manage floating exchange rate system is a hybrid system of exchange rate used by the most of the countries in recent time.

Reason (R): Excessive fluctuation in exchange rate system is checked by the central authority under dirty floating exchange rate.

Alternatives

Choose the correct statement from given below.

Balance on invisible trade is equal to

Balance of trade is a _______ concept as compared to balance of payments.