UPSC Civil Services Prelims 2014
Question 10 of 53Indian Economy

Which among the following are likely to be directly affected by a depreciation of the rupee? 1. Import bill 2. External debt servicing in foreign currency 3. Export competitiveness Select the correct answer using the code given below:

A1 and 2 only
B2 and 3 only
C1 and 3 only
D1, 2 and 3

Correct Answer

The correct answer is hidden

Explanation

27 words hidden ... debt denominated in foreign currency. At the same time, it can improve export competitiveness by making Indian goods ... 26 words hidden

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