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Question
From the statements given in Column I and Column II, choose the correct pair of statements.
| Column I | Column II |
| A. Reduction in the value of domestic currency by the government action | 1. Depreciation |
| B. Decrease in the value of domestic currency by the market forces | 2. Devaluation |
| C. Increase in the value of domestic currency by the government action | 3. Appreciation |
| D. Increase in the value of domestic currency by market forces | 4. Revaluation |
Options
A - 2, B - 1, C - 4, D - 3
A - 2, B - 1, C - 3, D - 4
A - 1, B - 2, C - 3, D - 4
A - 4, B - 3, C - 2, D - 1
MCQ
Match the Columns
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Solution
A - 2, B - 1, C - 4, D - 3
Explanation:
| Column I | Column II |
| A. Reduction in the value of domestic currency by the government action | 2. Devaluation |
| B. Decrease in the value of domestic currency by the market forces | 1. Depreciation |
| C. Increase in the value of domestic currency by the government action | 4. Revaluation |
| D. Increase in the value of domestic currency by market forces | 3. Appreciation |
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