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JPSC GS Paper 1 Test 14 • JPSC GS Paper 1 Test 14
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When a country deliberately reduces the value of its Currency in comparison to the currencies of other countries, it is called 'Devaluation'. What is its main objective?

1.
To increase imports
2.
To reduce domestic inflation
3.
To make exports cheaper and more competitive and to discourage imports
4.
To reduce the burden of foreign debt

Answer (Detailed Solution Below)

✓
Option 3 : To make exports cheaper and more competitive and to discourage imports (Option C)
📌 Key Points & Important Facts:

The correct answer is Option 3: To make exports cheaper and more competitive and to discourage imports.

This question is part of the official syllabus for JPSC GS Paper 1 Test 14 under JPSC Prelims 2027. Practicing questions with authentic patterns and time limits ensures superior accuracy, speed, and confidence during actual government examinations.

Exam PaperJPSC GS Paper 1 Test 14
SectionJPSC GS Paper 1 Test 14
Total Marks200 Marks
Negative MarkingNONE Marks
Duration120 Mins
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