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

Giving reason, state whether the following statement are true or false.
Accommodating items of trade are undertaken in order to maintain the balance in the BOP account.

Are the following statement true or false? Give reason.
In spot market sale and purchase of foreign currency is settled on a specified future date.

Giving reason, state whether the following statement are true or false.
Autonomous transactions take place in current account only.

Are the following statement true or false? Give reason.
An increase in demand for imported goods raises the supply for foreign exchange.

Current account is a part of balance of trade. (True/ False)

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

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

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 reason, state whether the following statement are true or false.
In balance of payments, repayment of loans by Indian Government to American Government will be reflected as debit item.