Question : The exchange rate keeps on changing. 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 keeps on changing. 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: Flexible exchange rate system

Solution : This type of system is applicable under flexible exchange rate system.
Hence option B is correct.

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Question : The exchange rate keeps on changing. 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.

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Question : The exchange rate keeps on changing. 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.