What is meant by devaluation of rupee?(A) Government announces increased price of $1 in terms of rupees(B) A market situation which increases the price of $1 in terms of rupees(C) Government announce decrease in the price of $1 in terms of rupees(D) A market situation which decreases the price of $1 in terms of rupees

What is meant by devaluation of rupee?(A) Government announces increas

1.	What is meant by devaluation of rupee?(A) Government announces increased price of $1 in terms of rupees(B) A market situation which increases the price of $1 in terms of rupees(C) Government announce decrease in the price of $1 in terms of rupees(D) A market situation which decreases the price of $1 in terms of rupees
Answer» Correct option is (C) Government announce decrease in the price of $1 in terms of rupees