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:Solution
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%.
In the question below, four words are given, two of which may or may not share a synonymous or antonymous relationship. From the given options, choose ...
Select the most appropriate ANTONYM of the bold word.
Though aware of his crimes, he remained impenitent throughout.
Choose the word that can substitute the given group of words.
One who hates institution of marriage
Capitulation
Deliberately cause (someone) to believe something that is not true, especially for personal gain
Aversion
Choose the word opposite in meaning to the given word.
Coherent
A job that does not carry any salary.
Select the most appropriate antonym of the given word.
Emancipate
Similarly, the images of discredited rulers were effased (A) in the monumental (B) narrative reliefs which played so prominent (C) a role in imperial p...
