Suppose that the exchange rate of the Indian rupee appreciates by 10 per cent relative to the currencies of India’s trading partners. Over the same period, inflation in India is 8 percent compared to 3 percent inflation in the trading partners. What is the change in India’s real exchange rate?
India’s real exchange rate will appreciate by 15%. Excess of inflation in India as compared to other trading partners = (8−3) =5%. Appreciation in exchange rate of Indian rupee relative to the currencies of trading partners =10% ∴ Appreciation in India’s real exchange rate =10+5=15%.
Two days after issuing an advisory cautioning (1)/people against sharing a photocopy of (2)/its Aadhaar card, the Union government on Sunday (3)/withdr...
Jane always looks down on anyone who is poor.
The Chairman and the Managing Director Mr Prabhakar attributed the almost flat performance to higher deposit costs, slower credit off take and stressed ...
Angered over the delay in giving compensation; factory workers shouted slogans against the president when he reaches the office.
A sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your answer. Mark (E) if the sent...
The world is not kindly to those who do not tackle their own problems.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark...
In the following sentence, four words or phrases have been underlined. One of them is incorrect. Select the INCORRECT word or phrase from the given opti...
Find out the appropriate word.
From the wintry shades of (A) / narrow lanes and allies (B) / emerged a gaily clad humanity. (C) / No error (D)
