When in order to buy 1 US dollar ₹ 65 are needed instead of ₹ 60 earlier, domestic currency shows appreciation. (True/ False)

Are the following statement true or false? Give reason.Appreciation of domestic currency leads to rise in imports.

Balance of trade is the difference between export of services and import of services of a country. (True/ False)

Giving reason, state whether the following statement are true or false.
Accommodating items are also known as 'above the line' items.

Giving reason, state whether the following statement are true or false.
Foreign exchange received on account of export of sugar will be recorded in current account.

Giving reasons, state whether the following statements are true or false:
Depreciation of domestic currency encourages exports.

Giving reasons, state whether the following statements are true or false:A fall in the price of 1 US dollar from ₹ 50 to ₹ 40 means depreciation of the Indian currency.

Supply of foreign exchange is positively related to the price of foreign exchange. (True/ False)

Giving reason, state whether the following statement are true or false.
Borrowing by government from World Bank to finance the BOP deficit will be recorded in the capital account.

Are the following statement true or false? Give reason.
Revaluation and appreciation of currency are one and the same thing.