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India s foreign exchange rate system is

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International Finance and Treasury
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India s foreign exchange rate system is?

Answer & Solution
Correct Answer: Option B
In India, the exchange rate system is managed floating (from 1994 onwards) and hence the relevant currency movements are appreciation and depreciation. Here, the exchange rate is determined in the open market through the pressure of buying and selling of foreign currencies.
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2 Comments
Christopher Stephen
Christopher Stephen 6 years ago
as per competition act goods include?
a)processed or mined
b)products manufacture
c)debentures,stock and shares after allotments
d)all of these above

ANSWER:
Mohit Chaudhary
Mohit Chaudhary 6 years ago
What was the agreement for bretton woods system ?
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