Exchange rate between two currencies is based on -------
A) purchasing power of two currencies
B) economic development of the two nation
C) political stability in the two countries
D) export - import in two countries
Correct Answer:
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Q13: Transaction where the exchange of currencies take
Q14: Transaction in which exchange of currencies take
Q15: Transaction in which currencies to be exchanged
Q16: According to the Purchasing Power Parity theory,
Q17: Which of the following is not an
Q19: Purchasing Power Parity Theory considers that goods
Q20: Under IMF, the exchange rate system was
Q21: Under managed float, the central bank of
Q22: Flexible exchange rate system, the exchange rate
Q23: India has adipted -------Exchange rate system.
A)Fixed
B)Flexible
C)Managed
D)Stable
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