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Indian Economy MCQ
1. If rupee changes from Rs. 48 = $ 1 to Rs. 47.50 = $ 1, then which among the following would have said to occur?
(A): (A) A depreciation of the rupee
(B): (B) A depreciation of the dollar
(C): (C) An appreciation of the dollar
(D): (D) All of the above
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