CUET Economics 2025 13 May Shift 2 - 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:

2 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Exchange Rate	(I) Supply of foreign exchange = Demand of foreign currency.
(B) Gold standard system of exchange rate	(II) Domestic currency loses its value in relation to a foreign currency.
(C) Par rate of exchange	(III) External value of the domestic currency.
(D) Currency Depreciation	(IV) An old variant of fixed exchange rate.

Choose the correct answer from the options given below:

29 May Shift 2

If ₹150 is required to buy 2 Dollar, instead of ₹100 earlier, then:

(A) Domestic currency has depreciated.

(B) Domestic currency has appreciated.

(D) Selling foreign exchange from its reserves by the reserve bank of India.

Choose the correct answer from the options given below:

15 May Shift 1

Which of the following is a component of the capital account?

CUET Economics 2025 13 May Shift 2 PYQs