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
    Occasional intervention by central bank to influence price of foreign exchange is known as ..........

    A) Dirty floating

    B) Hedging

    C) Appreciation 

    D) Depreciation

    Correct Answer: A

    Solution :

    Intervention of central bank to keep the exchange rate in a band is known as managed floating or dirty floating exchange rate.


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