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Mukherjee Nagar, Delhi Details verified of Dimple Chadha✕
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Hindi Proficient
ignou 2017
Master of Commerce (M.Com.)
Mukherjee Nagar, Delhi, India - 110009
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Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in Class 11 Tuition
1
Board
CBSE
Subjects taught
Geography, History, Economics, Hindi, Political Science, Business Studies
Taught in School or College
No
Answered on 26/01/2022 Learn CBSE - Class 11/Arts / Humanities/Economics
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Answers 8 
Comments Answered on 26/01/2022 Learn CBSE - Class 11/Arts / Humanities/Economics
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When the government deliberately lowers the value of its currency i.e. reduces the purchasing power of its own currency, it is called devaluation of the currency.
Devaluation of rupee by the government of India will reduce the cost of exports (exports will be cheaper, hence more foreigners will buy our products) and increase the cost of imports (purchasing from foreign countries will be expensive). This will help in reducing the trade deficit.
Like 0 Answers 4 Comments Answered on 26/01/2022 Learn CBSE - Class 11/Arts / Humanities/Economics
Ask a Question
Post a Lesson
Like 0 Answers 5 Comments Ask a Question
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Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in Class 11 Tuition
1
Board
CBSE
Subjects taught
Geography, History, Economics, Hindi, Political Science, Business Studies
Taught in School or College
No
Answered on 26/01/2022 Learn CBSE - Class 11/Arts / Humanities/Economics
Ask a Question
Post a Lesson
Like 0 Answers 8 Comments Answered on 26/01/2022 Learn CBSE - Class 11/Arts / Humanities/Economics
Ask a Question
Post a Lesson
When the government deliberately lowers the value of its currency i.e. reduces the purchasing power of its own currency, it is called devaluation of the currency.
Devaluation of rupee by the government of India will reduce the cost of exports (exports will be cheaper, hence more foreigners will buy our products) and increase the cost of imports (purchasing from foreign countries will be expensive). This will help in reducing the trade deficit.
Like 0 Answers 4 Comments Answered on 26/01/2022 Learn CBSE - Class 11/Arts / Humanities/Economics
Ask a Question
Post a Lesson
Like 0 Answers 5 Comments Ask a Question
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