2. Questions Bank
  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    The rate at which demand for and supply of foreign exchange becomes equal is called:

    A) Equilibrium rate of exchange

    B) Unequal rate of exchange

    C) Equal rate of exchange

    D) All of the above

    Correct Answer: A

    Solution :

    [a] Equilibrium rate of exchange


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