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M Question 1 |
⏱ 0 |
| Consider the following statements: 1. Rise in inflation with significant impact on purchasing power of consumers. 2. Increase in borrowing costs for Indian firms abroad. 3. Exporting goods becomes cheaper and more competitive globally. How many of the statements are correct with respect to the rupee declining against the US dollar? (a) Only one (b) Only two (c) All three (d) None | |
Correct Answer : Option c
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