Q49: Which of the following is best described as: Official downward adjustment of currency value under a fixed | UPSC EPFO APFC 2026
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Which of the following is best described as: Official downward adjustment of currency value under a fixed or managed exchange-rate regime

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Question ID #26437 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Indian Economy Sectional Test 2026 Medium

Which of the following is best described as: Official downward adjustment of currency value under a fixed or managed exchange-rate regime

Correct Answer: B. Devaluation
The correct answer is Devaluation. Official downward adjustment of currency value under a fixed or managed exchange-rate regime

Which of the following is best described as: Official downward adjustment of currency value under a fixed or managed exchange-rate regime - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: B. Devaluation

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