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Economics · 2026 · 1 mark
CBSE 2026 · Region 3 · Set 1 · Q10
Under the fixed exchange rate system, if the government decreases the value of domestic currency with respect to a foreign currency, it is known as…
Under the fixed exchange rate system, if the government decreases the value of domestic currency with respect to a foreign currency, it is known as __________ of currency.(Choose the correct option to fill in the blank)
Official answer
(A)
Devaluation
Marking-scheme solution
(A)
Devaluation
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CBSE Class 12 Economics past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.