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Economics · 2025 · 1 mark
CBSE 2025 · Region 7 · Set 1 · Q1
Read the following statements carefully: Statement 1: Keeping other things constant, there exists positive correlation between the price of foreign…
Read the following statements carefully :Statement $\displaystyle 1$ : Keeping other things constant, there exists positive correlation between the price of foreign exchange and its demand.Statement $\displaystyle 2$ : The foreign exchange rate indicates a country’s purchasing power in international markets.In the light of the given statements, choose the correct option from the following :
Official answer
(B)
Statement $\displaystyle 1$ is false and Statement $\displaystyle 2$ is true.
Marking-scheme solution
(B)
Statement $\displaystyle 1$ is false and Statement $\displaystyle 2$ is true.
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CBSE Class 12 Economics past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.