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Statement-I: The Indian Rupee has experienced a significant depreciation against the US dollar over the last decade.
Statement-II: The depreciation of the rupee has led to a significant boost in Indian exports.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
  • b)
    Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
  • c)
    Statement-I is correct but Statement-II is incorrect
  • d)
    Statement-I is incorrect but Statement-II is correct
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Statement-I: The Indian Rupee has experienced a significant depreciati...
  • Statement-I: Correct. The Indian Rupee has depreciated significantly against the US dollar.
  • Statement-II: Incorrect. While depreciation can boost exports, it has not led to a significant boost in this case.
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Statement-I: The Indian Rupee has experienced a significant depreciation against the US dollar over the last decade.Statement-II: The depreciation of the rupee has led to a significant boost in Indian exports.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?
Question Description
Statement-I: The Indian Rupee has experienced a significant depreciation against the US dollar over the last decade.Statement-II: The depreciation of the rupee has led to a significant boost in Indian exports.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Statement-I: The Indian Rupee has experienced a significant depreciation against the US dollar over the last decade.Statement-II: The depreciation of the rupee has led to a significant boost in Indian exports.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Statement-I: The Indian Rupee has experienced a significant depreciation against the US dollar over the last decade.Statement-II: The depreciation of the rupee has led to a significant boost in Indian exports.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Statement-I: The Indian Rupee has experienced a significant depreciation against the US dollar over the last decade.Statement-II: The depreciation of the rupee has led to a significant boost in Indian exports.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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