The floating rate system is characterised by:
A. the market forces that determine the exchange rate between two currencies
B. the central banking authorities of the two countries mutually agree upon the rate
C. help realigning the par value of major currencies
D. the rate of exchange mutually agreed upon between IMF and its member nations
Answer: Option A
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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