The control by the state through the banking system of dealings in gold and foreign currencies is called

Related MCQs

• In economics, Gold Standard is the monetary system where in all form of legal tender may be converted on demand, into fixed quantities of gold. In 1816, the first country to go on the gold standard was:
• The stocks of gold and foreign currencies held by a country to finance any calls that may be made from its creditors for the debt settlement are known as
• What do you understand by the term "Kerb" in foreign currency dealings:
• The amount of gold reserve, currencies and special drawing rights available for the finance of international trade is called:
• Investment in the foreign operations of a company through acquisition of a foreign operation, or establishment of a new site is called:
• The lowering of the value of a currency in the international market or against specific other currencies, which makes exports cheaper and imports expensive is called:
• Which unit of valuation is known as "Paper gold"?
• 'Gold' is mainly related to -
• 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
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called: