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Two friends Mira and Sindhu were discussing the exchange rate systems. ‘Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range’.The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?a)Fixed Exchange Rateb)Floating Exchange Ratec)Managed Floating Exchange Rated)Managed Fixed Exchange RateCorrect answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared
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the Class 12 exam syllabus. Information about Two friends Mira and Sindhu were discussing the exchange rate systems. ‘Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range’.The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?a)Fixed Exchange Rateb)Floating Exchange Ratec)Managed Floating Exchange Rated)Managed Fixed Exchange RateCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam.
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Two friends Mira and Sindhu were discussing the exchange rate systems. ‘Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range’.The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?a)Fixed Exchange Rateb)Floating Exchange Ratec)Managed Floating Exchange Rated)Managed Fixed Exchange RateCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Two friends Mira and Sindhu were discussing the exchange rate systems. ‘Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range’.The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?a)Fixed Exchange Rateb)Floating Exchange Ratec)Managed Floating Exchange Rated)Managed Fixed Exchange RateCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Two friends Mira and Sindhu were discussing the exchange rate systems. ‘Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range’.The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?a)Fixed Exchange Rateb)Floating Exchange Ratec)Managed Floating Exchange Rated)Managed Fixed Exchange RateCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Two friends Mira and Sindhu were discussing the exchange rate systems. ‘Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range’.The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?a)Fixed Exchange Rateb)Floating Exchange Ratec)Managed Floating Exchange Rated)Managed Fixed Exchange RateCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.