Question:medium
Identify the correct pair of statements given in Column I with the related terms in Column II:
Identify the correct pair of statements given in Column I with the related terms in Column II:
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Devaluation is a government policy to lower a currency’s value to boost exports and reduce trade deficits.
Updated On: Jan 13, 2026
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The Correct Option is B
Solution and Explanation
Statement 2 is correctly associated with "Devaluation," which describes a government's intentional decrease in a currency's value relative to foreign currencies within a fixed exchange rate system. Since the other options are incorrect, option (B) is the correct choice.
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