A change in the exchange rate of the Indian rupee and the British Pound from Rs.95 for a pound to Rs.100 for a pound will mean: Option 1: Indian exports to Britain will increase. Option 2: Indian imports from Britain will increase. Option 3: Indian exports to Britain will decrease. Option 4: There will be no change in exports and imports between the two countries

The answer is 'Indian exports to Britain will increase.'. View full solution:

CUET Economics - A change in the exchange rate of the Indian rupee and the British Pound from Rs.95 for a pound to Rs.100 for a pound will mean: | PYQs + Solutions

CUET Economics

Macro

Easy

Indian exports to Britain will increase.

Indian imports from Britain will increase.

Indian exports to Britain will decrease.

There will be no change in exports and imports between the two countries

✅ Correct Option: 1