Under which of the following exchange rate systems appreciation and depreciation take place in the exchange rate? Option 1: Under fixed exchange rate Option 2: Under floating exchange rate Option 3: Under controlled and regulated exchange rate Option 4: Under equal exchange rate

The answer is 'Under floating exchange rate'. View full solution:

CUET Economics - Under which of the following exchange rate systems appreciation and depreciation take place in the exchange rate? | PYQs + Solutions

CUET Economics 2026 21st May Shift 1

Macro

Easy

Under fixed exchange rate

Under floating exchange rate

Under controlled and regulated exchange rate

Under equal exchange rate

✅ Correct Option: 2