GkSeries.com

Banking System and Capital Market Questions and Answers for Competitive Exams

Home/
General Knowledge/
under-flexible-exchange-rate-system-the-exchange-rate-is-determined-by

By Gkseries see more questions

Q.

Under flexible exchange rate system, the exchange rate is determined by

[A] The Central Bank of the country

[B] The forces of demand and supply in the foreign exchange market

[C] The price of gold

[D] The purchasing power of currencies

Answer & Explanation
Answer: Option [B]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test