Question

    The Rupee's _______ against a basket of currencies has increased, indicating that the Rupee has strengthened against major trading partners.

    A SBR Correct Answer Incorrect Answer
    B SDR Correct Answer Incorrect Answer
    C EER Correct Answer Incorrect Answer
    D GVA Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Rupee's Effective Exchange Rate (EER) against a basket of currencies has increased, indicating that the Rupee has strengthened against major trading partners.

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