12th Class Economics Foreign Exchange Rate Question Bank MCQs - 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) Demand for foreign exchange 1. Inflow of foreign exchange
    (B) Supply of foreign exchange 2. Outflow of foreign exchange
    (C) Foreign currencies are bought 3. Revaluation and sold
    (D) Rise in price of domestic currency with 'respect to foreign currencies by government 4. Foreign exchange market

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

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

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

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

    Correct Answer: B

    Solution :

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


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