NextQ39

Read the items given in Columns I and II carefully and choose the correct pair of statements from the given alternatives. Alternatives : | Column I | | Column II i. | Export of software by an Indian company | 1. | Demand of foreign currency ii. | Accommodating nature of transactions | 2. | Profit motive iii. | Autonomous nature of transactions | 3. | Non-Profit motive iv. | Loan forwarded to Sri Lanka during its economic crisis | 4. | Supply of foreign exchange

Types of Exchange Rate SystemsStudy Simplify SpecialPYQ1MCQ
Question 38

Under the flexible exchange rate system, the exchange rate is determined by the ___________ . (i) Government (ii) Demand and supply (iii) Intervention of the Central Bank (Choose the correct option to fill in the blank)

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