Question : Which of the following is not a type of exchange rate regime?
Option 1: Fixed exchange rate
Option 2: Managed float
Option 3: Free float
Option 4: Managed peg
Answer (1)
21st Jan, 2024
Correct Answer: Managed peg
Solution :
The correct answer is (d) Managed peg
"Managed peg" is not a recognized type of exchange rate regime. It seems to be a combination of the terms "managed float" and "pegged exchange rate," but it is not commonly used as a distinct category.
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