engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) General Knowledge Economy Money and Banking
Assume that exchange rate between the US Dollar and Indian Rupee is $1 = ₹55. Now if this exchange rate increases to $1 = ₹60, then in this case the Indian Rupee has ____ in comparison to the US dollar.
1
depreciated
2
appreciated
3
Demonetised
4
overvalued