. Devaluation of currency leads to
(1) Fall in domestic prices
(2) No effect in domestic prices
(3) Increase in domestic prices
(4) Any of the above
- 5 Answers
- 28975 Views
- ACC, Niper, UPSC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / babu.t
Devaluation leads to increase the price of the domestic goods.
We have to give higher price for the domestic goods because value of the money diminished in terms of foreign currency. But at the same time price on domestic goods by foriegners
falls.It becomes more attractive to foreigners
| Is This Answer Correct ? | 31 Yes | 7 No |
Answer / kamesh kumar
no effect in domestic prices because devaluation means fall
in the value of money in terms of other countries but the
domestic prices would be the same.
| Is This Answer Correct ? | 24 Yes | 17 No |
Answer / reddy
Devaluation of currency mainly to increase the exports of a country. When export's are increased availability of the products domestically decreases.thus demand for the products manufactured in the country and imported costs increases so domestic price increases
| Is This Answer Correct ? | 3 Yes | 0 No |
. The Seven Pagodas of Mahabalipuram represent the art patronized by the (1) Cholas (2) Hoysalas (3) Kadambas (4) Pallavas
. Which state contributes a major share in respect of seafood? (1) Tamilnadu (2) Kerala (3) Gujarat (4) Orissa
please send me group IV exam model paper. when was the group IV exam to be held
Students interested in Group I and II coaching and residing in and around Sanjeeva Reddy Nagar can contact Vaishnavi Academy (9391461561) for relevant coaching. They have morning and evening batches in English medium.
During the Non-Cooperation Movement Gandhiji delivered lecture at Vijayawada. Who translated his speech into Telugu ? (a) M. Krishna Rao (b) A. Kaleswara Rao (c) Dr. Pattabhi (d) Hari Saruothama Rao
. Who sent the mbassy to China? (1) Krishnadevaraya (2) Harihara (3) Bukkaraya (4) None
Which of the following is the most important small-scale industry in India? (1) Tiles (2) Jute (3) Jewellery (4) Handloom
. Which of the following layers of the earth is believed to have the heaviest mineral materials of highest density (1) Central core (2) Crust (3) Mantle (4) Both (2) and (3)
The Kohinoor diamond was discovered in the diamond mines at (a) Malapalli (b) Kolluru (c) Gollapalli (d) Paritala
. The deepest mine in the world (about 4 km deep) is in the Continent of (1) Africa (2) Asia (3) North America (4) South America
The Rigveda was composed about (1) 1000 B.C. (2) 4500 B.C. (3) 1500 B.C. (4) 1500 to 1000 B.C.
. For whom did Ala-ud-din attack chittor? (1) Kamala Devi (2) Durgabai (3) Padmini (4) Deval Devi
Group I 
