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Chapters
1: Micro and Macro Economics - An Introduction
2: Demand and Law of Demand
3: Elasticity of Demand
4: Theory of Consumer's Behaviour : Cardinal Utility Analysis
5: Theory of Consumer's Behaviour : Indifference Curve Analysis
6: Supply and Law of Supply
7: Revenue Analysis
8: Cost Theory Analysis
9: Forms of Market
10: Concept of Production and Law of Returns
11: Equilibrium of Firm and Industry Under Perfect Competition
12: Producer's Equilibrium Under Perfect Competition
13: Price Output Under Perfect Competition
14: Price Output Determination Under Monopoly
15: Price Output Determination Under Monopolistic Competition and Oligopoly
Unit 2 : Theory of Income and Employment
16: Basic Concepts of Macro Economics
17: Aggregate Demand and Supply - Determinants of Equilibrium
18: Consumption Function {Propensity to Consume)
19: Concept of Investments-Types and Determinants
20: Multiplier - I : Static and Dynamic
21: Full Employment and Voluntary Unemployment
22: Problems of Deficient Demand and Excesss Demand
23: Measures to Correct Deficient and Excess Demand
Unit 3 : Money and Banking
24: Money - An Introduction
25: Bank and Commercial Bank
26: Central Bank
Unit 4 : International Trade
27: Balance of Payments
▶ 28: Foreign Exchange Rate
Unit 5 : Public Finance
29: Fiscal Policy
30: Budget
Unit 6 ; National Income
31: National Income and Circular Flow of Income
32: Concepts of National Income
33: Measurement of National Income
34: National Income and Economic Welfare
![R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 28 - Foreign Exchange Rate - Shaalaa.com](/images/economics-english-class-12-isc_6:0ec86a6424ae41d2b0d71f72fec46101.jpg "R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 28 - Foreign Exchange Rate")
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Solutions for Chapter 28: Foreign Exchange Rate
Below listed, you can find solutions for Chapter 28 of CISCE R. K. Lekhi and P. K. Dhar for Economics [English] Class 12 ISC.
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC 28 Foreign Exchange Rate TEST QUESTIONS [Pages 28.10 - 28.11]
SHORT ANSWER QUESTIONS
What is meant by foreign exchange?
What is meant by exchange rate?
Define rate of exchange.
Discuss briefly the meaning of Fixed Exchange Rate.
Give any one argument in favour of fixed rate of exchange.
Give any one argument against fixed rate of exchange.
What is a flexible (floating) exchange rate system?
State any one merit of flexible rate of exchange.
Give any one defect of flexible rate of exchange.
How is fixed rate of exchange determined.
How is flexible rate of exchange determined?
Give any two factors which influence foreign exchange rate.
What is meant by exchange rate?
Give the various types of exchange rate?
Discuss briefly the meaning of Fixed Exchange Rate.
Give arguments for and against fixed rate of exchange.
What is a flexible (floating) exchange rate system?
State arguments for and against flexible rate of exchange.
How the Rate of Exchange is determined? Illustrate.
How is fixed rate of exchange determined.
How is flexible rate of exchange determined?
Define foreign exchange rate.
Give any two factors which influence foreign exchange rate.
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC 28 Foreign Exchange Rate EXAMINATION CORNER [Page 28.11]
What is meant by foreign exchange?
How is the rate of exchange determined in a flexible exchange rate system?
Differentiate between revaluation of currency and appreciation of the currency.
How is the rate of exchange determined in a flexible exchange rate system?
Solutions for 28: Foreign Exchange Rate
R. K. Lekhi and P. K. Dhar solutions for Economics [English] Class 12 ISC chapter 28 - Foreign Exchange Rate
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Concepts covered in Economics [English] Class 12 ISC chapter 28 Foreign Exchange Rate are Concept of Balance of Payments, Components of Balance of Payments, Current Account Transactions, Capital Account Transactions, Categories of Balance of Payments, Balance of Payments Disequilibrium, Measures to Correct Disequilibrium in the Balance of Payments, Foreign Exchange Rate, Concepts of Depreciation, Appreciation, Devaluation and Revaluation, Determination of Exchange Rate in a Free Market, Balance of Trade and Balance of Payments- Comparison, Methods to Measure Balance of Payments, Balance of Payments Always Balances, Exchange Rate, Types of Foreign Exchange Rate, Determination of Equilibrium Rate of Exchange, Structure of Balance of Payment, Features of Balance of Payment, Fixed Rate of Exchange, Factors or Determinants of Foreign Exchange Rate, Flexible Rate of Exchange, Managed Floating Exchange Rate System.
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