Multiple Choice
The official decrease in the value of a currency is known as ---------
A) Depreciation
B) Devaluation
C) Appreciation
D) None of these
Correct Answer:

Verified
Correct Answer:
Verified
Q1: GATT came into existence in ----------------<br>A)1947<br>B)1946<br>C)1948<br>D)1950
Q2: Regional member of the Asian Development Bank
Q3: SDRs are also known as -----------<br>A)Currency<br>B)Gold<br>C)Paper gold<br>D)None
Q4: In the exchange rate determination PPP theory
Q5: The headquarter of world Bank is at
Q7: Globalised economics prefer------------<br>A)Fixed System<br>B)Pegging system<br>C)Flexible system<br>D)Bretton wood
Q8: India is a member of -------------<br>A)ADB<br>B)IMF<br>C)IBRD<br>D)All the
Q9: IMF started its functioning from<br>A)1947<br>B)1948<br>C)1958<br>D)1978
Q10: The objective of IDA is<br>A)Increase production<br>B)Stability in
Q11: SDRs scheme was initiated in -------------------<br>A)1950's<br>B)1960's<br>C)1970's<br>D)1980's