Question : It refers to a system in which exchange rate is determined by forces of demand and supply of different currencies in the foreign exchange market.
 

Question : Assertion: Managed floating rate system is a hybrid of foreign exchange rate and a flexible exchange rate system.

Reason: Central Bank maintains reserves of foreign exchange under Managed Floating rate system to ensure that the exchange rate stays within the targeted

Question : The exchange rate keeps on changing. This type of system is applicable under
 

Question : Which of the following exchange rate systems is a combination of fixed and floating exchange rates, where the central bank occasionally intervenes in the foreign exchange market?

Question : It refers to a system in which foreign exchange rate is determined by market forces in central bank influence the exchange rate.