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Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following case study and answer the questions.Indian’s exchange rate policy has evolved in line with international and domestic developments. Post-independence, in view of the prevailing Bretton Woods system, the Indian rupee was pegged to the Pound sterling. With the breakdown of the Bretton Woods system, and also the declining share of UK in India’s trade, the rupee was delinked from the Pound sterling in September, 1975. During the period between 1975 to 1992, the exchange rate was officially determined by the RBI within nominal band of plus or minus 5 percent of the weighted basket of currencies of India’s major trading partners. This exchange rate was referred to as ‘adjustable nominal peg with a band’.Q. Post-independence, the exchange rate was determined undera)fixed exchange rate systemb)flexible exchange rate systemc)manage floating systemd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Class 12 tests.