Which of the Following Statements Is Correct

question 28

Multiple Choice

Which of the following statements is correct?

• A) Devaluation of a currency refers to a drop in the foreign exchange value of a currency that is pegged to another currency or gold.
• B) Par value is reduced when currency is devaluated.
• C) Par value is increased when currency is devaluated.
• D) both a and b

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Definitions:

Footer

The bottom section of a document or web page, often containing copyright information, contact details, or other administrative links.

Delete A Row

The action of removing a horizontal line of cells, along with its data, from a table.

Formula Button

A button in spreadsheet software used to summon the formula bar or insert mathematical operations into cell calculations.

Document Header

The section at the top of a document, often containing the title, author, date, and page number.