(Online Course) Contemporary Issues for IAS Mains 2012: Economic Issues - Rupee Tumble

Economic Issues

Rupee’s Tumble:

Ques. What are the repercussions of rupee’s depreciation?
Ans:

  • High cost of import.
  • widening current Account deficit.
  • Declining foreign exchange reserve.
  • Distorting the Indian economy and particularly industrial sector.

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