Match the following pairs and select the correct answer:

1. Revaluation  A. It refers to an increase in the value of the domestic currency by the government under a fixed exchange rate.
2. Currency appreciation  B. It refers to an increase in the value of the domestic currency in terms of foreign currency under a flexible exchange rate system.
3. Devaluation C.  It refers to a fall in the market price of domestic currency in terms of a foreign currency under a flexible exchange rate regime.
4. Depreciation D. It refers to a decrease in the value of the domestic currency by the government.

1
1-A, 2-B, 3-C 4-D
2
1-A, 2-B, 3-D 4-C
3
1-D, 2-B, 3-C 4-A
4
1-B, 2-A, 3-C 4-D

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