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Devaluation of currency leads to ?

  • fall in domestic prices
  • increase in domestic prices
  • cant be predicted
  • None of above

Answer: Option B

Similar Questions :

1. Which state is the biggest tea producer in the country ?

  • Andhra Pradesh
  • Sikkim
  • Assam
  • West Bengal

Answer: Option C

2. Deficit financing implies :

  • printing new currency notes
  • public revenue in excess of public expenditure
  • public expenditure in excess of public revenue
  • replacing new currency with worn out currency

Answer: Option C

3. The first bank managed by Indians was ?

  • Oudh Bank
  • Punab National Bank
  • Oriental Bank of Commerce
  • State Bank of India

Answer: Option A

4. The bank which has the highest number of branches in the world is ?

  • State Bank of India
  • RBS
  • London Bank
  • Canara Bank

Answer: Option A

5. Debenture holders of a company are its ?

  • Directors
  • Shareholders
  • Debitors
  • Creditors

Answer: Option D

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