Q.

Which term is not related to banking?

A. C.R.R.
B. N .E.E .R.
C. S.L.R.
D. Fixed Deposits
Answer» B. N .E.E .R.
Explanation: NEER stands for Nominal Effective Exchange Rate which represents the relative value of a home country's currency compared to the other major currencies being traded (U.S. dollar, Japanese yen, euro, etc.). It also represents the approximate relative price a consumer will pay for an imported good.
1.3k
0
Do you find this helpful?
14

View all MCQs in

Economics (GK)

Discussion

No comments yet