India s foreign exchange rate system is?
A. Fixed target
B. Managed float
C. Free float
D. Fixed and Float
Answer: Option B
Solution(By Examveda Team)
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.This Question Belongs to Management >> International Finance And Treasury
Join The Discussion
Comments ( 2 )
Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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:
What was the agreement for bretton woods system ?