Question

If 1 $ = 1Rs

How can it be possible.... . ..

Steps For This .......


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Answer 1

Let's assume the dollar has been forcefully made equal to the rupee. It essentially means the value of the dollar has been degraded. When the value (price) of any commodity falls, the supplier of that commodity finds his business unprofitable and cuts down on the supply. The exporters (suppliers of dollars) would do exactly the same thing. They won't find their export business profitable any-more. After all, a $1 good sold yesterday earned them ~Rs. 60, it would today earn them just Re. 1. They would rather sell their goods in the local market and avoid all those custom office hassles. 
Result: The supply of dollar in the export-import market dwindles.
But the importers do need them!! They still got to import a lot of things, including many essential ones. India imports oil, coal, electronic goods, gold, silver, industrial machineries and a hell lot of other things! If the importers stop importing them, we won't have any of them.
Hope it helps
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Answer 2

BHAI YE DEKH !!!!!!!!!!