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01. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
A. 15 to 20 percent B. 20 to 25 percent
C. 25 to 30 percent D. 30 to 35 percent

Answer and Explanation

Answer: 20 to 25 percent

Explanation:
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02. Devaluation of currency leads to:
A. Fall in domestic prices. B. Increase in domestic prices.
C. No impact on domestic prices. D. Erratic fluctuations in domestic prices.

Answer and Explanation

Answer: Increase in domestic prices.

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