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Indian Economy MCQ
1. Many a times we read in the newspapers about REER which is weighted average of a India’s currency relative to an index or basket of other major currencies adjusted for the effects of inflation. What is the correct expansion of REER?
(A): (A) Real Effective Exchange Rate
(B): (B) Rational Effective Exchange Rate
(C): (C) Regional Elastic Exchange rate
(D): (D) Real Elastic Exchange rate
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