Question : Demand for foreign exchange arise when people wants to make gain from ________ of currency.
Option 1: Depreciation
Option 2: Appreciation
Option 3: Devaluation
Option 4: Revaluation
Correct Answer: Appreciation
Solution : Demand for foreign exchange of guise mean people wants to make gains from appreciation of currency. Hence option B 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.
Question : It refers to decrease in the value of domestic currency in terms of foreign currency by the government.
Question : It refers to increases in the value of domestic currency in terms of foreign currency by the government.
Question : Which of the following statement is correct?
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