Column I | Column II | ||
(A) | All currencies other than home currency | 1. | Flexible exchange rate |
(B) | Rate at which currencies are exchanged | 2. | Foreign exchange |
(C) | Hybrid of fixed and flexible exchange rate | 3. | Foreign exchange rate |
(D) | Free exchange rate | 4. | Managed floating exchange rate |
A) A - 1, B - 2, C - 3, D - 4
B) A - 3, B - 1, C - 4, D - 2
C) A - 4, B - 1, C - 2, D - 3
D) A - 2, B - 3, C - 4, D - 1
Correct Answer: D
Solution :
[d] A - 2, B - 3, C - 4, D - 1You need to login to perform this action.
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