Social Sciences, asked by gaursaif, 9 months ago

When was the rupee devaluated for the first
time after independence?
(a) 1948
(b) 1949
(d) 1954​

Answers

Answered by premkumaryadav146503
1

Answer:

Since its Independence in 1947, India has faced two major financial crises and two consequent devaluations of the rupee: In 1966 and 1991.

Answered by krupa1216
0

Explanation:

1966

Reasons & History: Devaluation of Indian Rupee since 1947

Two Major devaluation of Indian Rupee took place after independence. India devalued Rupee for the first time in 1966. In July of 1991 the Indian government devalued the rupee by between 18 and 19 percent.

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