Macro

Balance of Payments

Easy

Raising the value of country's currency under fixed exchange rate system is :

Devaluation

Appreciation

Revaluation

Depreciation

✅ Correct Option: 3

Under a fixed exchange rate system, raising the official value of the domestic currency is called Revaluation. Under a flexible system, a similar rise is called Appreciation. Devaluation and Depreciation refer to decreases in currency value.

2025: 3 June Shift 1

Chronologically arrange the following in sequence:

(A) Smithsonian Agreement.

(B) Gold standard system of exchange.

(D) Bretton woods conference.

Choose the correct answer from the options given below:

2026: 12 May Shift 1

Official reserve transactions are made to bridge the gap in the Balance of Payment (BoP), they are seen as the ________ item in the BoP.

2025: 27 May Shift 2

Which among the following is not a direct participant in the foreign exchange market?

2023: 20 June Shift 1

Exchange Rate is the price of a currency expressed in terms of.

2026: 13 May Shift 1

A theory of international exchange which holds that, the price of similar goods in different countries is the same, this theory is known as the:

2025: 3 June Shift 1

Which of the following best defines 'Unilateral Transfers' in the context of international transactions?

Raising the value of country's currency under fixed exchange rate system is :

Solution

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