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Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.

Here you can find the meaning of Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements regarding Devaluation of currency.1. Export rates in the home country are reduced as a result of devaluation.2. To minimise balance-of-payments deficits, devaluation may be used.3. If fundamental systemic weaknesses in its economy cause a countrys balance-of-payments imbalance, devaluation would be ineffective.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)All of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Current Affairs tests.