ut (R) is true 33. Assertion (A) : Devaluation of currency increases exports. Reason (R): The lowering of the external value of domestic currency by the government on monetary authority of a country officially is known as the devaluation of the currency. 34. Assertion (A): CRR and SLR are one and the same thing. Reason (R): In CRR, banks keep reserve with RBI whereas in SLR banks keep reserve with themselves in the form of Liquid Assets like gold. 35. Assertion (A) : Escheat is a revenue receipt Reason (R) : Because it increases the assets of the government 36. Assertion (A): Decline of Handicraft industry led to increase of import of manufactured goods from Britain. Reason (R) : The Indian made goods could not withstand the foreign competition of machine made cheap goods.
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