Match the following:
| List - I | List - II | ||
| (a) | appreciation | (i) | a reduction in the official value of a currency in a fixed exchange rate system |
| (b) | depreciation | (ii) | an increase in the value of a currency relative to other currencies |
| (c) | devaluation | (iii) | an increase in the official value of a currency in a fixed exchange rate system |
| (d) | revaluation | (iv) | a decrease in the value of a currency relative to other currencies |
1
a = ii, b = iv, c = iii, d = i
2
a = ii, b = iv, c = i, d = iii
3
a = iii, b = i, c = iv, d = ii
4
a = iii, b = iv, c = i, d = ii