Q.
1

Statement-II: A deficiency in the balance of payments increases the exchange rate.

Codes:

 

  • A

    Statement (I) is correct but (II) is incorrect

  • B

    Statement (II) is correct but (I) is correct

  • C

    Both the statements (I) and (II) are incorrect  

  • D

    Both the statement (I) and (II) are correct