Vidyalelo
Commerce · Q891

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 891

Q891

By devaluation we mean:

A.
A fall in the domestic value of a currency
B.
A fall in the external value of a currency caused by the market forces
C.
A fall in the external value of a currency caused by Government action
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board