What is meant by devaluation of rupee?
A. Government announces increased price of $1 in terms of rupees
B. A market situation which increases the price of $1 in terms of rupees
C. Government announce decrease in the price of $1 in terms of rupees
D. A market situation which decreases the price of $1 in terms of rupees
Answer:C
What is meant by devaluation of rupee?
A. Government announces increased price of $1 in terms of rupees B. A market situation which increases the price of $1 in terms of rupees C. Government announce decrease in the price of $1 in terms of rupees D. A market situation which decreases the price of $1 in terms of rupees