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  9. Q57

UKPSC PCS 2021 · Question 57 of 148

The rise in value of one currency relative to another is:

Economy

  1. AA weakening of a currencyCorrect
  2. BA depreciation of a currency
  3. CAn appreciation of a currency
  4. DA debasement of a currency

Answer: A. A weakening of a currency

Explanation

Note: the official answer key marks (a); conventionally a rise in a currency's value is termed appreciation.

Source: UKPSC PCS Prelims 2021 GS (Paper-I), Series-A (TRB), held 03-Apr-2022

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