India is facing continuous deficit in its balance of payments. In the – McqOptions

MCQOPTIONS

1.	India is facing continuous deficit in its balance of payments. In the foreign exchange market rupee isexpected to
A.	Depreciate.
B.	Appreciate.
C.	Show no specific tendency.
D.	Depreciate against currencies of the countries with positive balance of payment and appreciate
Answer» B. Appreciate.

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