Question : A currency whose exchange rate is influenced by the government is a/an
Option 1: unmanaged currency
Option 2: managed currency
Option 3: scarce currency
Option 4: surplus currency
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: managed currency
Solution : The correct answer is managed currency .
A managed currency is one in which the government or central bank of a country intervenes and modifies its market value or purchasing power. By issuing new money, controlling interest rates, and overseeing foreign exchange reserves, central banks control the value of the currency.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
