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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 | |
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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