CBSE Class 12 Economics Foriegn Exchange Rates

Read and download CBSE Class 12 Economics Foriegn Exchange Rates in NCERT book for Class 12 Other Subjects. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Other Subjects textbook for Class 12 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 12 Other Subjects to understand the answers of the exercise questions given at the end of this chapter

NCERT Book for Class 12 Other Subjects Foreign Exchange Rates

Class 12 Other Subjects students should refer to the following NCERT Book Foreign Exchange Rates in Class 12. This NCERT Book for Class 12 Other Subjects will be very useful for exams and help you to score good marks

Foreign Exchange Rates NCERT Book Class 12

UNIT 10

Merits and demerits of fixed and flexible foreign exchange rates.

Merits of fixed exchange rate:

1. It ensures stability in exchange rate. The exporters and importers have not to operate under uncertainty about the exchange rate. Thus it promotes foreign trade.

2. It promotes capital movements. Fixed exchange rate system attracts foreign capital because a stable currency does not involve any uncertainties about exchange rate that may cause capital loss,

3. Stable exchange rate prevents capital outflow

4. It prevents speculation in foreign exchange market

5. It forces the government to keep inflation in check. In case of fixed exchange rate system,inflation causes balance of payments deficit resulting in depletion of foreign exchange reserves.

Demerits of fixed exchange rate:

1. It contradicts the objective of having free markets

2. Under this system, countries with deficits in balance of payment run down this stock of gold and foreign currencies. This can create serious problem for them. They may be forced to devalue their currency. On the other hand countries with surplus in balance of payments will face the problem of inflation.

3. There may be undervaluation or overvaluation of currency. If the fixed exchange rate is at a level which is lower then the market level i.e. at which demand for foreign currency far exceeds its supply, its will result in deficit in balance of payment. If it is higher than the market level i.e. at which the supply exceeds demand then it may create inflationary pressure because of balance of payments surplus. It is difficult to fix a rate that may prove to be equilibrium rate

Merits of flexible exchange rate system

1. It eliminates the problem of overvaluation or undervaluation of currencies, Deficit or surplus in balance of payments is automatically corrected under this system.

2. It frees the government from problem of balance of payments.

3. There is no need for the government to hold any reserves.

4. It enhances the efficiency in the economy by achieving optimum resource allocation.

Demerits of flexible exchange rate system

1. It creates situations of instablility and uncertainty. Wide fluctuations in exchange rate are possible. This hampers foreign trade and capital movements between countries.

2. It encourages speculation which may lead to larger uncertainties and fluctuations.

3. The uncertainty caused by currency fluctuations can discourage international trade and investment.

 

Please refer to the link below for - CBSE Class 12 Economics-Foriegn Exchange Rates

CBSE Class 12 Accounting for Business Cost Sheet
CBSE Class 12 An Introduction to Creativity
CBSE Class 12 Application of Computer in Library
CBSE Class 12 Banking Operations
CBSE Class 12 Business Process Outsourcing Part 1
CBSE Class 12 Business Process Outsourcing Part 2
CBSE Class 12 Clearing Reports Downloads
CBSE Class 12 Contents of Balance Sheet
CBSE Class 12 Economics Capital receipts
CBSE Class 12 Economics Consumers Equilibrium
CBSE Class 12 Economics Determination of Income
CBSE Class 12 Economics Evolution of Money
CBSE Class 12 Economics Features of Perfect Competition
CBSE Class 12 Economics Foriegn Exchange Rates
CBSE Class 12 Economics National Income
CBSE Class 12 Economics Producers Behaviour and Supply
CBSE Class 12 Economics Production Possibilities Curve
CBSE Class 12 Elements of Drama
CBSE Class 12 Elements of Fiction
CBSE Class 12 Engineering Bearings
CBSE Class 12 Engineering Isometric Projection
CBSE Class 12 Engineering Machine Drawing
CBSE Class 12 Engineering Pulleys
CBSE Class 12 Engineering Rod Joints
CBSE Class 12 Engineering Shaft Couplings
CBSE Class 12 Engineering Tie Rod and Pipe Joints
CBSE Class 12 Entering the Transactions in Tally
CBSE Class 12 Fashion Studies Basics of Garment Making
CBSE Class 12 Fashion Studies Pattern Making
CBSE Class 12 Feature Writing
CBSE Class 12 Features of Technical Registers
CBSE Class 12 FMM Banking Operations
CBSE Class 12 FMM Financial Statements
CBSE Class 12 Forms of Business Translation
CBSE Class 12 Forms of Drama
CBSE Class 12 Forms of Prose
CBSE Class 12 Forms of Technical Translations
CBSE Class 12 Functions of Different Sections of Library
CBSE Class 12 Getting Familiar to NEET Screen
CBSE Class 12 Introducing and Understanding Transaction Cycle
CBSE Class 12 Introduction to Article Writing
CBSE Class 12 Introduction to the Writing of Drama
CBSE Class 12 Learning How to Write the Short Story
CBSE Class 12 Library Cataloguing
CBSE Class 12 Library Classification
CBSE Class 12 Macroeconomics in Hindi Part 1
CBSE Class 12 Macroeconomics in Hindi Part 2
CBSE Class 12 Macroeconomics in Hindi Part 3
CBSE Class 12 Macroeconomics in Hindi Part 4
CBSE Class 12 Modern Library and Information Services
CBSE Class 12 Modes of Theatrical Presentation
CBSE Class 12 Operations of Depository
CBSE Class 12 Order and Trade Management
CBSE Class 12 Philosophy Of Education
CBSE Class 12 Philosophy Education For Character Development
CBSE Class 12 Physics Lens and Mirror
CBSE Class 12 Practical Handbook BPO Manual
CBSE Class 12 Problems of Translation
CBSE Class 12 Procedure for doing enteries in payroll software
CBSE Class 12 Process of Translation
CBSE Class 12 Punjabi Kaav Jatra
CBSE Class 12 Punjabi Katha Jagat
CBSE Class 12 Resources and Human Resource Management
CBSE Class 12 Risk Containment Measures
CBSE Class 12 Talks and Speeches
CBSE Class 12 Technical Processing of Documents
CBSE Class 12 Trading Reports Download
CBSE Class 12 Traditional Library and Information Services
CBSE Class 12 Translating Technical and Business Registers
CBSE Class 12 Translation and the Translator
CBSE Class 12 Translations of Business Registers
CBSE Class 12 Understanding NEAT System
CBSE Class 12 Understanding Short Stories
CBSE Class 12 Understanding the Rolling Settlement
CBSE Class 12 Web Based Search
CBSE Class 12 Writing Essays
CBSE Class 12 Writing Reviews
CBSE Class 12 Writing Short Stories
CBSE Classs 12 Fashion Studies Book
NCERT Class 12 Heritage Craft Colonial Rule and Crafts
NCERT Class 12 Heritage Craft Craft In the Age of Tourism
NCERT Class 12 Heritage Craft Craft In The Past
NCERT Class 12 Heritage Craft Design and Development
NCERT Class 12 Heritage Craft Mahatma Gandhi and Self Sufficiency
NCERT Class 12 Heritage Craft Production and Marketing
NCERT Class 12 Heritage Craft The Crafts Community Today
NCERT Class 12 Heritage Crafts Craft Tradition Of India Carfts In The Age Of Tourism
NCERT Class 12 Heritage Crafts Craft Tradition Of India Design and Development
NCERT Class 12 Heritage Crafts Craft Tradition Of India The Crafts Community Today
NCERT Class 12 Heritage Crafts Tradition Of India Colonial Rule and Crafts
NCERT Class 12 Heritage Crafts Tradition Of India Crafts Bazaars
NCERT Class 12 Heritage Crafts Tradition Of India Crafts In Past
NCERT Class 12 Heritage Crafts Tradition Of India Handloom and Handicrafts Revival
NCERT Class 12 Heritage Crafts Tradition Of India Mahatma Gandhi and Self Sufficiency
NCERT Class 12 Heritage Crafts Tradition Of India Production and Marketing

Other Subjects NCERT Book Class 12 Foreign Exchange Rates

The above NCERT Books for Class 12 Other Subjects Foreign Exchange Rates have been published by NCERT for latest academic session. The textbook by NCERT for Foreign Exchange Rates Other Subjects Class 12 is being used by various schools and almost all education boards in India. Teachers have always recommended students to refer to Foreign Exchange Rates NCERT etextbooks as the exams for Class 12 Other Subjects are always asked as per the syllabus defined in these ebooks. These Class 12 Foreign Exchange Rates book for Other Subjects also includes collection of question. We have also provided NCERT solutions for Class 12 Other Subjects which have been developed by teachers of StudiesToday.com after thorough review of the latest book and based on pattern of questions in upcoming exams for Class 12 students.

NCERT Book Class 12 Other Subjects Foreign Exchange Rates

The latest NCERT book for Foreign Exchange Rates pdf have been published by NCERT based on the latest research done for each topic which has to be taught to students in all classes. The books for Class 12 Other Subjects Foreign Exchange Rates are designed to enhance the overall understanding of students. All Class 12 NCERT textbooks have been written in an easy to understand language which will help to enhance the overall level of Class 12 students. 

Foreign Exchange Rates NCERT Book Class 12 Other Subjects

As the students of Class 12 need the books for their regular studies, we have provided all NCERT book for Foreign Exchange Rates in pdf here for free download. All pdf NCERT books available here for Class 12 will help them to read on their mobile or computers. They can take a print of the Class 12 Other Subjects NCERT Book Foreign Exchange Rates pdf easily and use them for studies. The NCERT textbooks for Class 12 Other Subjects have been provided chapter-wise and can be downloaded for free of cost. 

Class 12 Other Subjects Foreign Exchange Rates NCERT Book

Along with Other Subjects Class 12 NCERT Book in Pdf for Foreign Exchange Rates we have provided all NCERT Books in English Medium for Class 12 which will be really helpful for students who have opted for english language as a medium. Class 12 students will need their books in English so we have provided them here for all subjects in Class 12.

Class 12 Foreign Exchange Rates NCERT Book Other Subjects

For Class 12 Foreign Exchange Rates we have provided books for students who have opted for Hindi and Urdu medium too. You can click on the links provided above to download all Hindi medium Class 12 Other Subjects Foreign Exchange Rates book in easy to read pdf format. These books will help Class 12 Other Subjects students to understand all topics and also strictly follow latest syllabus for their studies. If you are looking to download the pdf version of Class 12 Other Subjects Foreign Exchange Rates textbook issued by NCERT then you have come to the correct website

Where can I download latest NCERT Book for Class 12 Other Subjects Foreign Exchange Rates

You can download the NCERT Book for Class 12 Other Subjects Foreign Exchange Rates for latest session from StudiesToday.com

Can I download the NCERT Books of Class 12 Other Subjects Foreign Exchange Rates in Pdf

Yes, you can click on the link above and download chapter wise NCERT Books in PDFs for Class 12 for Other Subjects Foreign Exchange Rates

Are the Class 12 Other Subjects Foreign Exchange Rates NCERT Book available for the latest session

Yes, the NCERT Book issued for Class 12 Other Subjects Foreign Exchange Rates have been made available here for latest academic session

How can I download the Class 12 Other Subjects Foreign Exchange Rates NCERT Book

You can easily access the link above and download the Class 12 NCERT Books Other Subjects Foreign Exchange Rates for each chapter

Is there any charge for the NCERT Book for Class 12 Other Subjects Foreign Exchange Rates

There is no charge for the NCERT Book for Class 12 Other Subjects Foreign Exchange Rates you can download everything free

How can I improve my scores by reading NCERT Book in Class 12 Other Subjects Foreign Exchange Rates

Regular revision of NCERT Books given on studiestoday for Class 12 subject Other Subjects Foreign Exchange Rates can help you to score better marks in exams