Civil Services APPSC Group I Services Prelims Mock Test Series 2025 Current Affairs Business and Economy
Which of the following is/are implications of currency devaluation?
1. Improves export competitiveness.
2. Reduces the trade deficit.
3. Increases the cost of servicing external debt.
4. Fall in inflation.
5. Capital outflows.
Select the correct answer using the code below:
1
1, 2, and 4 only
2
1, 3, and 5 only
3
1, 4, and 5 only
4
2, 3, and 4 only