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12th Class Economics Foreign Exchange Rate Question Bank Match The Column - Foreign Exchange Rate

  • question_answer
    From the following statements given in Column I and Column II, choose the correct pair of statements:
    Column I Column II
    (A) Fixed exchange rate 1. Foreign exchange rate
    (B) Flexible exchange rate 2. Fixed by the government
    (C) Managed floating exchange rate 3. Determined by market forces
    (D) S1 Rs. 75 4. Hybrid of fixed and floating
     

    A) A - 3, B - 4, C - 1, D - 2

    B) A - 1, B - 2, C - 3, D - 4

    C) A - 2, B - 3, C - 4, D - 1

    D) A - 4, B - 2, C - 1, D - 3

    Correct Answer: C

    Solution :

    [c] A - 2, B - 3, C - 4, D - 1


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