Question : It refers to increases in the value of domestic currency in terms of foreign currency by the government.
Option 1: Depreciation
Option 2: Appreciation
Option 3: Revaluation
Option 4: Devaluation
Correct Answer: Revaluation
Solution : Currency revaluation refers to increase in the value of domestic currency in terms of foreign currency by the government. Hence Option C is correct.
Question : It refers to increases in the value of domestic currency in terms of foreign currency.
Question : It refers to decrease in the value of domestic currency in terms of foreign currency by the government.
Question : It refers to decrease in the value of domestic currency in terms of foreign currency.
Question : When domestic currency gains value in relation to a foreign currency in the international market, it is termed as a situation of:
Option 1: Currency Depreciation
Option 2: Currency Appreciation
Option 3: Currency Devaluation
Option 4: None
Question : Demand for foreign exchange arise when people wants to make gain from ________ of currency.
Option 3: Devaluation
Option 4: Revaluation
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