BANK SBI PO Mock Test Series 2025 (Pre + Mains) General Knowledge Economy National Income Accounting
Consider the following statements regarding the effect of the devaluation of the Indian rupee
1. make exports less competitive and cheaper for foreigners
2. discourages exports
3. reduces trade deficits
Which of the above statements is/are correct?
1
1, 2 and 3
2
3 only
3
1 and 2 only
4
1 only
5
None of the above