Consider the following statements : The effect of devaluation of a currency is that it necessarily 1. improves the competitiveness of the domestic exports in the foreign markets 2. increases the foreign value of domestic currency 3. improves the trade balance Which of the above statements is/are correct?

Consider the following statements: 1. An additional spending by the Government of X is likely to have less impact on income than an additional transfer of X to households. 2. An additional spending b…

Which of the following statements is/are correct? 1. Most of India's reserves are held in the form of foreign currency. 2. There is no cost of holding foreign currency as reserves by a nation. Select…

Consider the following actions which the Government can take : 1. Devaluing the domestic currency. 2. Reduction in the export subsidy. 3. Adopting suitable policies which attract greater FDI, more fu…

Consider the following: 1. Foreign currency convertible bonds 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4. Non-resident external deposits Which of the…

Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicle 3. Currency swap Which of the above is/are considered financial instruments?