Economics · Foreign Exchange and Currency Value
When the exchange rate changes from $1 = ₹80 to $1 = ₹85, which of the following statements are correct? 1. The Indian Rupee has depreciated2. The US Dollar has depreciated3. The Indian Rupee has appreciated4. The US Dollar has appreciated
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11 and 4 are correct✓
- 23 and 4 are correct
- 32 and 4 are correct
- 41 and 3 are correct
Correct answer
1 and 4 are correct
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 Foreign Exchange and Currency Value MCQs →Want more practice questions on Foreign Exchange and Currency Value?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Foreign Exchange and Currency Value