Flexible exchange rate is determined by: Option 1: RBI Option 2: Govt Option 3: Market forces Option 4: IMF

The answer is 'Market forces'. View full solution:

CUET Economics - Flexible exchange rate is determined by: | PYQs + Solutions

CUET Economics

Macro

Easy

RBI

Govt

Market forces

IMF

✅ Correct Option: 3

Related questions:

3 June Shift 2

A banking service provided by a country is accounted in the element of the balance of payment.

CUET Economics 2022 Slot 1

A change in the exchange rate of the Indian rupee and the British Pound from Rs.95 for a pound to Rs.100 for a pound will mean:

28 May Shift 2

Arrange the given statement in terms of determining the ehange rate through a floating /flexible exchange rate.

(A) Depreciation of domestic currency in terms of foreign currency.

(B) The demand curve shifts upward and right to the original demand curve.

(D) The increase in demand for foreign goods and services result in a change in the exchange rate.

Choose the correct answer from the options given below: