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

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.

  Go Back To Main Page