Indian Economy
Devaluation of currency will be more beneficial if

prices of exports rise proportionately
prices of domestic goods remain constant
prices of imports remains constant
prices of exports remain constant

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Indian Economy
Fiscal deficit in the Union Budget means

the sum of budgetary deficit and net increase in internal and external borrowings
net increase in Union Governments borrowings from the Reserve Bank of India
the difference between current expenditure and current revenue
the sum of monetized deficit and budgetary deficit

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