CUET Economics 2025 29 May Shift 2 - Central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate. What is this move called? | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Medium

Managed floating.

Official reserve transactions.

Balance of payments.

Autonomous and accommodating transactions.

✅ Correct Option: 1

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Which of the following are called 'above the line' in the balance of payments?

13 May Shift 1

In deficit condition of Balance of Payment if the central bank sells foreign exchange then this particular transaction is known as .......

29 May Shift 2

If ₹150 is required to buy 2 Dollar, instead of ₹100 earlier, then:

(A) Domestic currency has depreciated.

(B) Domestic currency has appreciated.

(D) Selling foreign exchange from its reserves by the reserve bank of India.

Choose the correct answer from the options given below:

CUET Economics 2025 29 May Shift 2 PYQs