Government SSC Economy Question:
What is the major aim of devaluation?
Answer:
the major aim of devaluation to increase the foreigen
exchange basket , in 1991 when our foreigen exchange
reserves dip low the manmohan singh govt resotred to
devaluation of indian rupee in two parts.
exchange basket , in 1991 when our foreigen exchange
reserves dip low the manmohan singh govt resotred to
devaluation of indian rupee in two parts.