Floating Exchange Rate is also referred to as -

Related MCQs

• Under flexible exchange rate system, the exchange rate is determined by -
• The reduction of the fixed official rate at which one currency is exchanged for another in a fixed exchange rate regime is termed:
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• A currency having a falling exchange rate due to continuing balance of payments deficit is called a-
• When there is an official change in the exchange rate of domestic currency, then it is called
• A currency whose exchange rate is influenced by the government is a/an -
• The interest due by applying the rate to the sum of the capital invested plus the interest previously earned and reinvested is referred to as
• In 1971, United Nations Conference on Trade and Development (UNCTAD) drew up a list of 24 countries having a GDP of 100 or less literacy rate of 20% or less and a share of manufacturing of 10% or less of GDP. These countries were referred to as:
• Bank rate is the rate of interest -
• Bank rate is that rate on which -