Devaluation of currency by a country is meant to lead to : 1. expansion of import trade 2. promotion of import substitution 3. expansion of export trade

Related MCQs

• NAFED is concerned with: 1. promotion of inter-state and export trade of farm produce 2. import of foodgrains for buffer stocking and public distribution 3. marketing of eggs and poultry' at national level 4. movement of consumer goods from surplus areas to scarcity areas
• Consider the following statement: The price of any currency in international market is determined by the: 1. WTO 2. Demand for goods/services provided by the country concerned 3. Inflation differential between the country concerned and its major trading partners 4. Stability of the government of the concerned country Of these statements:
• Consider the following statements: The price of any currency in international market is decided by the [IAS 1998] 1. World Bank 2. Demand for goods/services provided by the country concerned 3. stability of the government of the concerned country 4. economic potential of the country in question Of these statements:
• Trade Policy measures for correction of balance of payments disequilibrium include of export promotion:
• In terms of total trade (export + import), which among the following is the largest trading partner of India?
• Import substitution implies [Asstt Commdt 2011]
• Consider the following statements: Full convertibility of the rupee may mean: [IAS 2002] 1. its free float with other international currencies. 2. its direct exchange with any other international currency at any prescribed place inside and outside the country. 3. it acts just like any other international currency. Which of these statements are correct?
• Invisible Export means export [Corporation Bank PO 2011]
• Export promotion is an:
• Which of the following are under the purview of Industrial Development Bank of India? 1. Unit Trust of India 2. Life Insurance Corporation of India 3. Export-Import Bank 4. State Finance Corporation of India