All Subjects Topic Wise MCQs
PPSC Papers (All Departments)
OTHERS Past Papers FPSC, NTS etc.
What is called the reduction in the rate of a currency?

What is called the reduction in the rate of a currency?

  • (A) Devolution
  • (B) Price cap
  • (C) Cut-rate
  • (D) Devaluation
Devaluation is when the government or central bank of a country deliberately reduces the value of its currency in a fixed or semi-fixed exchange rate system. This action makes the country’s products cheaper in foreign countries, but it makes imports from other countries more expensive, usually to solve trade imbalances.
Facebook
WhatsApp
Related MCQs:

 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

You May Like

Comment

All Subjects

PPSC PAST PAPERS

PPSC

SPSC PAST PAPERS

FPSC PAST PAPERS

KKPSC PAST PAPERS

You cannot copy content of this page

Scroll to Top