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Rabia

Devaluation of currency leads to?

A. Erratic fluctuations in domestic prices
B. Increase in domestic prices
C. No impact on domestic prices
D. Fall in domestic prices

Devaluation means:

A. lowering of the value of one currency in comparison of some foreign currency
B. making rupee dealer in comparison to some foreign currency
C. converting rupee into gold
D. None of these

Depreciation means?

A. Loss of equipment over time due to wear and tear
B. Destruction of a plant in a fire accident
C. Closure of a plant due to labour trouble
D. Closure of a plant due to lock out