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GENERAL KNOWLEDGE
Consider the following statements and se...

Consider the following statements and select the correct answer from the code given below:
Assertion (A): Devaluation of a currency may promote export.
Reason (R) : Price of the country's product in the international market may fall due to devaluation

A

Both A and Rare true and R is the correct explanation of A

B

Both Aa nd Rare true but R is not a correct explanation of A

C

A is true but R is false

D

A is false but R is true

Text Solution

Verified by Experts

The correct Answer is:
B
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