question_answer

From the following statements given in Column I and Column II, choose the correct pair of statements:

Column I		Column II
(A)	All currencies other than home currency	1.	Flexible exchange rate
(B)	Rate at which currencies are exchanged	2.	Foreign exchange
(C)	Hybrid of fixed and flexible exchange rate	3.	Foreign exchange rate
(D)	Free exchange rate	4.	Managed floating exchange rate

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

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

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

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