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.
Answer (1)
25th Jan, 2024
Correct Answer:
Fixed exchange rate system
Solution :
This type of system is applicable under fixed exchange rate system.
Hence Option A is correct.
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