Both of the above are correct.
Government expenditure using this new money boosts incomes and raises private demand in the economy. Thus, it fuels inflation. Easy monetary policy and high inflation are two of the leading causes of currency depreciation.

Statement 1 is correct while statement 2 is incorrect.
Current account convertibility means freedom to convert domestic currency into foreign currency and vice versa for trade in goods and invisibles (services, transfers or income from investment). Individuals and entities can convert currencies in the foreign exchange market. Current account convertibility is one part of currency convertibility.
In India, there is full current account convertibility since August 20, 1993.

Both of the above statements are correct.
When the general price level rises in a country due to the rise in prices of imported commodities, inflation is termed imported. Inflation may also rise due to depreciation of the domestic currency, which pushes up the landed rupee cost of imported items.

The majority Hutus and minority Tutsis have had a troubled relationship in Rwanda that goes back to the German and Belgian colonial period.

Both of the above statements are correct.
National Automated Clearing House (NACH) is the centralized web-based inter-bank payment/transaction processing system by the National Payments Corporation of India (NPCI). In simple words, NACH allows regular direct debit from a borrower’s bank account towards his loan repayments. This is directly credited to the lender’s bank account.