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Difference btw Hard , Soft, Cheap and Dear Currency (in Hindi)
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Part H

Aartee Mishra is teaching live on Unacademy Plus

Aartee Mishra
Delhi University Topper YouTube Channel - Happiest Human Successfully Taught 20 GS Batches Made Free Courses on All Standard Books of UPSC.

Unacademy user
Mam please reply whether i need to go through ramesh singh or is this course enough to cover the entire material provided in the ramesh singh book? Becoz i think there will be 100 videos in total.. It will be cumbersome to deal woth the thick book again after watching all these videos patiently.. I find ur videos very interesting and that's why i plea to you to assure me that these videos r best substitute for the thick book
Aartee Mishra
10 months ago
M covering everything. don't worry
Riju
7 months ago
...😋...
loving your lessons, best way to study ramesh singh for a science student like me! i watch your videos then take a reading of same from book and till now i am understanding every single thing
Everything is Fine but in order to prepare 3 slide presentation you are taking whole day. Please add more slides to your presentation and complete the course as soon as possible.
Swapnil Tambe
10 months ago
Dear Rajeev, For Aartee to complete even the 3 slides it takes time because she has to gather all the valuable information plus compile all resources and then provide it here. Kindly lets be patient she is already doing her best
mam.can you provide a link to download the pdf s of this course and the modern indian history (specturm) course also..
Mam 73 lessons jo hai kya ye pure economy ko cover karta hai Ya aur lessons add honge isme
  1. aily Lectuire Series Ramesh Singh' V brief summary o unacadeny 1 Indian Economy y Aartee Mishra External Sector inIndia Hindi


  2. lam Aartee Mishra Graduated from Delhi University, Topper in all my semesters, Pursuing P.G and preparing for CSE. 2 Years of teaching experience of General Studies for competitive examination Have been teaching on Unacademy Plus


  3. HARD CURRENCY It is the international currency in which the highest faith is shown and is needed by every economy. The strongest currency of the world is one which has a high level of liquidity. Basically, the economy with the highest as well as highly diversified exports that are compulsive imports for other countries (as of high-level technology, defence products, life saving medicines and petroleum products) will also create high demand for its currency in the world and become the hard currency. It is always scarce. Upto the second world war, the best hard currency was the Pound Sterling ( ) of the UK, but soon it was replaced by the US Dollar. Some of the best hard currencies of the world today are the US Dollar, the Euro(), Japanese Yen () and the UK Sterling Pound ( ). Meanwhile, by late 2015, the IMF allowed the SDR to be denominated in the chinese 'Yaan' paving the way for a new hard currency to be implemented in 2016.


  4. SOFT CURRENCY: A term used in the foreign exchange market which denotes the currency that is easily available in any economy in its forex market. For example, rupee is a soft currency in the Indian forex market. It is basically the opposite term for the hard currency. HOT CURRENCY: Hot currency is a term of the forex market and is a temporary name for any hard currency. Due to certain reasons, if a hard currency is exiting an economy at a fast pace for the time, the hard currency is known to be hot. As in the case of the SE Asian crisis, the US dollar had become hot. HEATED CURRENCY: A term used in the forex market to denote the domestic currency which is under enough pressure (heat) of depreciation due to a hard currency's high tendency of exiting the economy (since it has become hot). It is also known as currency under heat or under hammering


  5. CHEAP CURRENCY: A term first used by the economist J. M. Keynes (1930s). If a government starts re-purchasing its bonds before their maturities (at full-maturity prices) the money which flows into the economy is known as the cheap currency, also called cheap money. In the banking industry, it means a period of comparatively lower/softer interest rates regime. DEAR CURRENCY: This term was popularised by economists in early 1930s to show the opposite of the cheap currency. when a goverment issues bonds, the money which flows from the public to the government or the money in the economy in general is called dear currency, also called as dear money. In the banking industry, it means a period of comparatively higher/costlier interest rates regime


  6. UNACADEMY PLUS NCERT 6 - 12th: Detailed Coverage for Strong Base By Aartee Mishra


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