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
    Relationship between demand for foreign exchange and foreign exchange rate is

    A) Inverse

    B) Direct

    C) No relationship between the two variables

    D) Either [a] and [b]

    Correct Answer: A

    Solution :

    Demand for foreign exchange and foreign exchange rate is indirect or inverse i.e., when foreign exchange rate increase, its demand falls.


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