Economics · Economics
What is the meaning of 'Devaluation'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To increase the value of domestic currency.
- 2To decrease the value of domestic currency in comparison to other currencies.✓
- 3To distribute currency.
- 4To print currency.
Correct answer
To decrease the value of domestic currency in comparison to other currencies.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economics MCQs →Want more practice questions on Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economics