Match the LIST-I with LIST-II | LIST-I | LIST-II | |---|---| | A. Flexible Exchange Rate System | I. Central banks intervene to buy and sell foreign currencies | | B. Fixed Exchange Rate System | II. Exchange rate determine by market forces | | C. Managed Floating Exchange Rate System | III. It reflects differences in the price levels in the two countries | | D. Purchasing Power (PPP) theory | IV. The exchange rate set by the Government | Choose the correct answer from the options given below:

Question

Option 1: A-I, B-II, C-IV, D-III

Option 2: A-II, B-I, C-III, D-IV

Option 3: A-II, B-IV, C-I, D-III

Option 4: A-III, B-IV, C-I, D-II

AfterBoards · Accepted Answer

The answer is 'A-II, B-IV, C-I, D-III'. View full solution:

CUET Economics 2026 11th May Shift 2 PYQs

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