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  9. Q122

JPSC 2021 · Question 122 of 198

If the rupees per US Dollar exchange rate changes from Rs.60 to Rs.65 in a time period by the market forces, it implies

Indian Economy

  1. ADepreciation of RupeeCorrect
  2. BDevaluation of Rupee
  3. CAppreciation of Rupee
  4. DNo change in exchange rate

Answer: A. Depreciation of Rupee

Explanation

A market-driven fall in the rupee's value (more rupees per dollar) is depreciation, not devaluation (which is policy-driven).

Source: JPSC Combined Civil Services (PT) 2021 (Advt 01/2021, held 19 Sep 2021), GS Paper-I (General Studies), Booklet Series-A; answers per official REVISED answer key (published 08 Oct 2021 on jpsc.gov.in, via JagranJosh), each cross-checked against factual records; Paper-I Q24.

← Q121View full paper (198 questions)Q123 →

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