CUET Economics - An increase in exchange rate implies that the price of foreign currency in terms of domestic currency has increased; this is called ........ | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Macro

Medium

Appreciation of the domestic currency.

Devaluation of domestic currency.

Depreciation of domestic currency.

Dirty floating.

✅ Correct Option: 3

Related questions:

30 May Shift 1

What could persistent current account deficit lead to?

28 May Shift 1

With reference to the above passage, the current account comprises?

Exports and Imports of visible items only.
Exports and imports of visible and invisible items and external borrowings.
Exports and imports of goods & services plus transfer payments.
Short Term Debt.

16 May Shift 1

Suppose the central bank of an economy records a net increase in the foreign exchange reserves for a given quarter. How will this be reflected in the balance of payments account of this economy?

CUET Economics 2025 13 May Shift 2 PYQs

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