Question : The exchange rate generally remain stable and only a small variation is possible. This type of system is applicable under

Option 1: Fixed exchange rate system

Option 2: Flexible exchange rate system

Option 3: Managed floating rate system

Option 4: None of the above.

Question

Question : The exchange rate generally remain stable and only a small variation is possible. This type of system is applicable under

Option 1: Fixed exchange rate system

Option 2: Flexible exchange rate system

Option 3: Managed floating rate system

Option 4: None of the above.

Team Careers360 · Accepted Answer

Correct Answer: Fixed exchange rate system

Solution : This type of system is applicable under fixed exchange rate system.
Hence Option A is correct.

Exams

Colleges

Predictors

Resources

Quick links

B.Tech CompanionUse Now Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

Exams

Colleges & Courses

Predictors

Resources

Exams

Colleges

Predictors & E-Books

Resources

Engineering Preparation

Medical Preparation

Online Courses

Products

Exams

Colleges

Resources

Exams

Colleges

Predictors & Articles

Resources

Exams

Colleges

Predictors

Resources

NEET CompanionUse NowYour one-stop Counselling package for NEET, AIIMS and JIPMER

Exams

Colleges

Upcoming Events

Resources

Exams

Colleges

Resources

Quick Links

Top Streams

Specializations

Resources

Top Providers

Exams

Colleges

Resources

Diploma Colleges

Exams

Colleges

Resources

Exams

Resources

Top Courses & Careers

Colleges

Exams

Upcoming Events

Resources

Other Exams

Exams

Colleges

Top Countries

Student Visas

Exams

Top Schools

Products & Resources

NCERT Study Material

Question : The exchange rate generally remain stable and only a small variation is possible. This type of system is applicable under Option 1: Fixed exchange rate system Option 2: Flexible exchange rate system Option 3: Managed floating rate system Option 4: None of the above.

Related Questions

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

Question : Depreciation and appreciation are the part of which exchange rate system?

Question : Revaluation and devaluation are the part of which exchange rate system?

Question : It refers to a system in which exchange rate of a currency is fixed by the government.

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

Trending Articles/News

Sign In/Sign Up

Download the Careers360 App on your Android phone

B.Tech CompanionUse Now
Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

NEET CompanionUse Now
Your one-stop Counselling package for NEET, AIIMS and JIPMER

Question : The exchange rate generally remain stable and only a small variation is possible. This type of system is applicable under

Option 1: Fixed exchange rate system

Option 2: Flexible exchange rate system

Option 3: Managed floating rate system

Option 4: None of the above.