MCQ. Which of the following is/are the effects of devaluation or depreciation of currency? (स्थानिक मुद्रा कमजोर होने से क्या असर होती है) (CDS-2023-II) 1. It leads to increase in imports and decrease in exports. (1. इससे आयात में वृद्धि और निर्यात में कमी होती है।) 2. It leads to increase in exports and decrease in imports. (2. इससे निर्यात में वृद्धि और आयात में कमी होती है।) 3. It leads to increase in domestic inflation. (3. इससे घरेलू मुद्रास्फीति में वृद्धि होती है।) 4. It leads to decrease in domestic inflation. (4. इससे घरेलू मुद्रास्फीति में कमी आती है।) Codes: (a) 1 and 3 only (b) 1 and 4 only (c) 2 and 3 only (d) 3 only
Gs questions are always debatable cause huge impact on candidates as well as Indian youth who investing most precious time, instead youth should focus on entrepreneurship and business that will make country developed and prosperous. Govt jobs is for those who don't have capacity to think beyond a limit i.e. a regular income
In USA presidential election in 2024 Republican party candidate Mr. Donald Trump announced that he will fire many Federal government employees from Permanent jobs.... public supports it... Businesses and enterprises is more important than socialist policy. Our main goal is to become like USA then why don't follow them.... religiously
प्रणाम सर मेरे हिसाब से यूपीएससी ने सामान्य इकोनामी और इंपोर्ट एक्सपोर्ट के कॉन्सेप्ट के आधार पर सवाल पूछा है केवल भारत के कॉन्टेक्स्ट में नहीं पूछा है और उसमें यह मान कर चला गया है कि किसी भी देश के संदर्भ में यदि मुद्रा की वैल्यू मैं गिरावट आई है तो सामान्य तौर पर इंपोर्ट महंगे हो जाते हैं जिससे लोग काम इंपोर्ट कर पाते हैं इसमें इस एक्सेप्शन को छोड़ दिया गया है कि भारत जैसे देश जरूरी सामग्री जैसे कि क्रूड ऑयल दवाइयां महंगी होने पर भी इंपोर्ट करना ही पड़ेगी। इसीलिए ऑप्शन "C" सही होगा
UPSC works on logic, that's why the answer is C. and you already mentioned essential commodities needs to be purchased, even if the price is high. and if there is economic boom in some sectors and inc. domestic consumption, then we can see inc. imports (to work for inc. demand) and inc. exports because depreciated currency gives better returns on invested fund.
sir mera trk bhi upsc wala hi tha; isliye maine man mai 2&3 hi socha tha;; sir hame basic logic lgana chahiye ab ek bar kuch aisa ho gya usse lag trike se toh nahi sochne lgenege; aap se hi seekha ye sab pcb 11 mai
UPSC Official answer is correct about inflation question in CDS. Essential products are to be imported, it's right. But it doesn't mean that the quantity is increased i.e. imports. Only value/ price is increased. Most likely the import is reduced and alternatives are used during such situations.
2+3 would be the answer.....because there will be a decrease in the overall import.....import of essential commodities may remain the same but overall import will be reduced.
Sir option C isliye correct hoga as students point of view because... Rupees depreciation export increase and import decrease. So if material not export then more supply in domestic market control the inflation.
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Sir economic survey ke according jo imports mai increase aa rha hai wo srf in terms of value hi badh rha hai na ki quantity... quantity of imports to same hi rahegi bs uska price badh jaega isliye imports jyada dikhenge lekin quantity mai koi fark nahi aaega...iss logic ke according upsc ka ans correct hai
Sir import export kam ya jyada hone ka jyada relation demand se hai na ki depreciation apreciation se hai.... Agar domestically kisi cheez ki demand hai to use import karna hi padega na.... Eg. Corona me medicines..... UPSC ne ideal conditions par question pucha tha na ki real and practical basis par.... In real life multiple factors and variables work which nobody can actually measure.... So sir hairsplittry is unnecessary
If we see this in simple manner as per your handout too, option C is true & I didn't find it too tough qn , I was very sure about it but the moment you described from the viewpoint of economic survey, I got confused..
Go by concept of economy rather than data of economic survey here... because its a conceptual question. Sometimes federal banks deliberately devalue currency to encourage exports and discourage imports. So option 2 is correct. Devaluation of currency increase money supply in domestic market which lead to inflation. So option 3 is also correct.
Sir rupee kamjor hoga to export badhega and inflation bhi maine to basic logic hj lagaya tha aur economic survey bhi nahi padha to mera to sahi ho raha and c option hi sahi lag raha hai. i am not sure, am i right or wrong
J curve effect guruji.. what ever the situation of rupee depreciation india still import the essential commodities like oil,metals,copper etc so by these logic the import of essential commodities not reduced and the economic survey is right.. (india mostly import the essential commodities)
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Sir, please correct me if i am wrong. As i thought another point of view, the increase in export will lead to constraint in domestic market will increase the demand pull inflation, may be another side for this option??
I could not understand that, how can export- import variations can be find out considering Just depreciation or appreciate of rupees...it depends upon multiple factors...UPSC should have use the word "can" to minimize ambiguity in the statements
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Sir ek quation he apne upsc quation. Cds 2023 he or survey. 2019 ka he. Or dusari bat. Upsc practicaly na rakhkar concept pr dhyan deti he na ki data pr. Mera kahna kaha tak sahi he pls प्रतिक्रिया jarur de
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MCQ. Which of the following is/are the effects of devaluation or depreciation of currency? (स्थानिक मुद्रा कमजोर होने से क्या असर होती है) (CDS-2023-II)
1. It leads to increase in imports and decrease in exports. (1. इससे आयात में वृद्धि और निर्यात में कमी होती है।)
2. It leads to increase in exports and decrease in imports. (2. इससे निर्यात में वृद्धि और आयात में कमी होती है।)
3. It leads to increase in domestic inflation. (3. इससे घरेलू मुद्रास्फीति में वृद्धि होती है।)
4. It leads to decrease in domestic inflation. (4. इससे घरेलू मुद्रास्फीति में कमी आती है।)
Codes:
(a) 1 and 3 only (b) 1 and 4 only (c) 2 and 3 only (d) 3 only
@@TheMrunalPatel Right answer is (C) 2 and 3 only
D@@BHAVDIPSINH24
Option - C correct ,
but Option statement 3 is absolutely correct..
Gs questions are always debatable cause huge impact on candidates as well as Indian youth who investing most precious time, instead youth should focus on entrepreneurship and business that will make country developed and prosperous. Govt jobs is for those who don't have capacity to think beyond a limit i.e. a regular income
In USA presidential election in 2024 Republican party candidate Mr. Donald Trump announced that he will fire many Federal government employees from Permanent jobs.... public supports it... Businesses and enterprises is more important than socialist policy. Our main goal is to become like USA then why don't follow them.... religiously
Top-notch explanation sir
प्रणाम सर
मेरे हिसाब से यूपीएससी ने सामान्य इकोनामी और इंपोर्ट एक्सपोर्ट के कॉन्सेप्ट के आधार पर सवाल पूछा है केवल भारत के कॉन्टेक्स्ट में नहीं पूछा है और उसमें यह मान कर चला गया है कि किसी भी देश के संदर्भ में यदि मुद्रा की वैल्यू मैं गिरावट आई है तो सामान्य तौर पर इंपोर्ट महंगे हो जाते हैं जिससे लोग काम इंपोर्ट कर पाते हैं इसमें इस एक्सेप्शन को छोड़ दिया गया है कि भारत जैसे देश जरूरी सामग्री जैसे कि क्रूड ऑयल दवाइयां महंगी होने पर भी इंपोर्ट करना ही पड़ेगी।
इसीलिए ऑप्शन "C" सही होगा
💯
exactly...
UPSC works on logic, that's why the answer is C. and you already mentioned essential commodities needs to be purchased, even if the price is high. and if there is economic boom in some sectors and inc. domestic consumption, then we can see inc. imports (to work for inc. demand) and inc. exports because depreciated currency gives better returns on invested fund.
sir mera trk bhi upsc wala hi tha; isliye maine man mai 2&3 hi socha tha;; sir hame basic logic lgana chahiye ab ek bar kuch aisa ho gya usse lag trike se toh nahi sochne lgenege; aap se hi seekha ye sab pcb 11 mai
Thankyou so much sir ❤❤❤❤
yes sir, i think upsc thinks about quantitively not by valuation
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volume ek important factor hai... normally devaluation mein export badhega toh import kam hoga...domestic inflation bhi badhega.... economic survey mein volume consider kiya hai...import ka volume jyada hua hoga toh import badha hua dikhega.... toh upsc apani jagah bilkul sahi hai....
UPSC Official answer is correct about inflation question in CDS. Essential products are to be imported, it's right. But it doesn't mean that the quantity is increased i.e. imports. Only value/ price is increased. Most likely the import is reduced and alternatives are used during such situations.
2+3 would be the answer.....because there will be a decrease in the overall import.....import of essential commodities may remain the same but overall import will be reduced.
Sir option C isliye correct hoga as students point of view because... Rupees depreciation export increase and import decrease. So if material not export then more supply in domestic market control the inflation.
Memes use karna to koi mrunal sir se sikhe😂😂 hats off to you sir
right 😂😂
Grt sir 🔥
Theory me sahi hoga guru ji
Thank you!
😂😂 great presentation sir
glad u liked it!
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Good evening sir ji 🎉
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@TheMrunalPatel Thank you so much sir g 🇮🇳🇮🇳🇮🇳🙏🙏
Sir economic survey ke according jo imports mai increase aa rha hai wo srf in terms of value hi badh rha hai na ki quantity... quantity of imports to same hi rahegi bs uska price badh jaega isliye imports jyada dikhenge lekin quantity mai koi fark nahi aaega...iss logic ke according upsc ka ans correct hai
Sir 2 and three options are true
Sir uppcs k economics ka question discuss kr dete
5:28 sir ne to vohi boldiya jis action m mai tha....exact
Essential commodity ka import to nhi ghatega mgr overall import to ghtega hi kyunki overall import inflation ke wajah se ghtega hi
Sir import export kam ya jyada hone ka jyada relation demand se hai na ki depreciation apreciation se hai.... Agar domestically kisi cheez ki demand hai to use import karna hi padega na.... Eg. Corona me medicines..... UPSC ne ideal conditions par question pucha tha na ki real and practical basis par.... In real life multiple factors and variables work which nobody can actually measure.... So sir hairsplittry is unnecessary
If we see this in simple manner as per your handout too, option C is true & I didn't find it too tough qn , I was very sure about it but the moment you described from the viewpoint of economic survey, I got confused..
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Ty u sir❤😊
Go by concept of economy rather than data of economic survey here... because its a conceptual question.
Sometimes federal banks deliberately devalue currency to encourage exports and discourage imports.
So option 2 is correct.
Devaluation of currency increase money supply in domestic market which lead to inflation. So option 3 is also correct.
Pratishtha ka mudda mat bnao 😂😂
I guess upsc applied Imported inflation concept ....
Sir rupee kamjor hoga to export badhega and inflation bhi maine to basic logic hj lagaya tha aur economic survey bhi nahi padha to mera to sahi ho raha and c option hi sahi lag raha hai. i am not sure, am i right or wrong
Sir, FII selling and buying can be one of the reasons for the change in the exchange rate?
J curve effect guruji.. what ever the situation of rupee depreciation india still import the essential commodities like oil,metals,copper etc so by these logic the import of essential commodities not reduced and the economic survey is right.. (india mostly import the essential commodities)
Good evening sir
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Thankyou sir 🙏
Sir ap uppsc pgt economics ke video upload kyun ni krte ap
Love you
Option c
2 and 3 sahi hona chhaiye
Sir ek dot clear kar dijiye ki 2025 ke pre ke liye 2024 ka India year book le le ya phir 2025 ke India year book ke liye wait kare please sir answer 🙏🙏🙏🙏
Sir, please correct me if i am wrong.
As i thought another point of view, the increase in export will lead to constraint in domestic market will increase the demand pull inflation, may be another side for this option??
focus on direct impacts.....if we will go that line then any thing can happen....it would be right to give emphasis on the direct or stage one impacts
It means option c
Understood without pen paper
❤❤
I could not understand that, how can export- import variations can be find out considering Just depreciation or appreciate of rupees...it depends upon multiple factors...UPSC should have use the word "can" to minimize ambiguity in the statements
Not entirely based on exchange rate but correlation dekha jaye then logic pooch raha hai question
Option d
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Sir , What is your answer??
Who will next rbi governor sir
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exactly, ye aadmi nai sudhrega 😸
Win 25 kab aayega?!
Sir ek quation he apne upsc quation. Cds 2023 he or survey. 2019 ka he. Or dusari bat. Upsc practicaly na rakhkar concept pr dhyan deti he na ki data pr. Mera kahna kaha tak sahi he pls प्रतिक्रिया jarur de
Upsc wale ne micro economics ke hisab se socha hoga maybe
First
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C
Hum first in comment
bit late but best of luck for exams!
Thanks a lot sir
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Samman
13:41 I don't agree with your reasoning because increase in imports is only in terms of value and not quantity
Good evening sir