Question
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? This question obtained (1) Marks:ÂSolution
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%.
The total of 42 separate railway systems, including ______ owned by the former Indian princely states, existed at the time of independence spanning a t...
Which innovation stabilizes railway tracks in flood-prone areas?
Which system is most suitable for bridges and large-scale structures?
What is the name of the initiative to improve safety in Indian Railways?
The clear ________ distance between the inner (running) faces of the two rails forming a track is known as gauge.
_______ private companies incorporated in Britain constructed and managed the early trunk lines in India.
The first steam locomotive, No. F-734, was built in 1895 by the _____ workshop of the Rajputana—Malwa Railway.
Founded in 1950, one of the industrial units owned by Indian Railways is named after the Indian freedom fighter:
The first electric train ran in India with the inauguration of services between Bombay VT and Kurla Harbour on 3 February:
Which railway track in India uses the rack-and-pinion system for steep sections?
