What is the major aim of devaluation?
- 6 Answers
- 15652 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / hitesh malhotra
the major aim of devaluation to increase the foreigen
exchange basket , in 1991 when our foreigen exchange
reserves dip low the manmohan singh govt resotred to
devaluation of indian rupee in two parts.
| Is This Answer Correct ? | 18 Yes | 4 No |
Answer / karan kumar
devaluation is a deliberate reduction of currency in terms
of gold and foreign currency by goverment. the basic
objective behind this is to create employement and encourage
exports.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / sushmita
to boost the export and led to increase in foreign exchange
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / kilatu jw
To discourage importation, incourage exportation and
increase foreign reserve for the country.
| Is This Answer Correct ? | 5 Yes | 2 No |
Which cricket player is the max tax payer in year 2009-10
What is consumer?s sovereignty means?
Why the global financial crisis did not affect strongly on the underdeveloped countries?
What is a Barter economy?
Who propounded the possibility of placing communication satellites in geosynchronous orbit for the first time?
In which state the Employment Guarantee Scheme was introduced?
i have IOB po interview on 19-06-2009. pls send me the questions that area asked in the interview if anybody attended the interview prior to 19 june 2009. my mail id is: venkatesan.now@gmail.com,please help me
how many members can be created inside a single pds?
what is M1, M2,M3 ?
what is the difference between repo rate and bank or discount rate ? and as discount rate are determined by central bank is repo rate is determined by MPC monitary policy comittee?
Why Governments have been unable to solve the problem of the current global crisis?
the market price is related to {A} very short period.{B}short period {C}long period{D}very long period
SSC History 
