Question : The major aim of devaluation is to:
Option 1: encourage imports
Option 2: encourage exports
Option 3: encourage both exports and imports
Option 4: discourage both exports and imports
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Correct Answer: encourage exports
Solution : The correct option is to encourage exports.
Devaluation primarily serves to promote exports. A nation can lower the cost of its currency, increase exports and increase its competitiveness in the international market by devaluing its currency. A decision to devalue a currency causes it to lose value. Short-term effects include higher growth, export demand growth and inflation.
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Question : Kepler's law of planetary motion states that the square of the period is proportional to the
Option 1: semi-major axis
Option 2: square of the semi-major axis
Option 3: cube of the semi-major axis
Option 4: fourth power of the semi-major axis
Question : Which of the following is not a major tribe of South India?
Option 1: Dang
Option 2: Toda
Option 3: Badaga
Option 4: Irula
Question : Who among the following is/was the famous track and field sprinter of India?
Option 1: Major Dhyan Chand
Option 2: T. C. Yohannan
Option 3: Mahesh Bhupathi
Option 4: Milkha Singh
Question : P. R. Sreejesh, who was awarded the "Major Dyan Chand Khel Ratna Award 2021" is associated with which sports?
Option 1: Football
Option 2: Boxing
Option 3: Wrestling
Option 4: Hockey
Question : Under whose captainship did India win all three major ICC trophies in white-ball cricket till 2021?
Option 1: Kapil Dev
Option 2: Virat Kohli
Option 3: Mahendra Singh Dhoni
Option 4: Sourav Ganguly
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