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With reference to Exchange rate, consider the following statements: 
1. Managed floating exchange rate system is a mixture of a flexible exchange rate system and a fixed rate system. 
2. In dirty floating, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate. 
Select the correct answer using the code given below. 
  • a)
    1 only
  • b)
    Both 1 and 2
  • c)
    2 only 
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
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With reference to Exchange rate, consider the following statements:1. Managed floating exchange rate system is a mixture of a flexible exchange rate system and a fixed rate system.2. In dirty floating, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate.Select the correct answer using the code given below.a)1 onlyb)Both 1 and 2c)2 onlyd)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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With reference to Exchange rate, consider the following statements:1. Managed floating exchange rate system is a mixture of a flexible exchange rate system and a fixed rate system.2. In dirty floating, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate.Select the correct answer using the code given below.a)1 onlyb)Both 1 and 2c)2 onlyd)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Exchange rate, consider the following statements:1. Managed floating exchange rate system is a mixture of a flexible exchange rate system and a fixed rate system.2. In dirty floating, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate.Select the correct answer using the code given below.a)1 onlyb)Both 1 and 2c)2 onlyd)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Exchange rate, consider the following statements:1. Managed floating exchange rate system is a mixture of a flexible exchange rate system and a fixed rate system.2. In dirty floating, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate.Select the correct answer using the code given below.a)1 onlyb)Both 1 and 2c)2 onlyd)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
Solutions for With reference to Exchange rate, consider the following statements:1. Managed floating exchange rate system is a mixture of a flexible exchange rate system and a fixed rate system.2. In dirty floating, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate.Select the correct answer using the code given below.a)1 onlyb)Both 1 and 2c)2 onlyd)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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