Consider the following statements 1.Nominal Effective Exc

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Consider the following statements

1.Nominal Effective Exchange Rate (NEER) is an unadjusted weighted average rate at which one country’s currency exchanges for a basket of multiple foreign currencies.

2.Real Effective Exchange Rate (REER) is weighted average of country’s currency relative to an index of other major currencies adjusted for effects of inflation.

Which of the statements given above is/are correct?

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1. ???????? ??????? ?????? ?? (??????) ?? ?????? ????? ??? ?? ?? ??? ?? ?? ??? ?? ?????? ?? ?????? ???????? ?? ?? ????? ?? ??? ?????? ???? ???

2.Real ??????? ?????? ?? (REER) ???????????? ?? ???????? ?? ??? ???????? ???? ?????? ???????? ?? ?? ??????? ?? ??????? ??? ?? ?????? ?? ????? ??? ???

??? ??? ?? ????? ??? ?? ??? ?? ??? ?? / ????

[NCERT TEST - 3,Economics]

1 only

1 ही

2 only

२ ही

Both 1 and 2

दोनों 1 और 2

Neither 1 nor 2

न तो 1 और न ही 2