McqMate
| Q. |
A currency whose exchange rate is influenced by the government is a/an - |
| A. | Unmanaged Currency |
| B. | Managed Currency |
| C. | Scarce Currency |
| D. | Surplus Currency |
| Answer» B. Managed Currency | |
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Explanation: Managed currency refers to currency whose ex-change rate is not determined by the free-market forces of demand and supply but instead by the government's intervention through the country's central bank. |
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