![Under free exchange markets the rate of foreign exchange is determined by](https://www.gkseries.com/blog/wp-content/uploads/2022/09/Under-free-exchange-markets-the-rate-of-foreign-exchange-is-determined-by.png)
Q. Under free exchange markets the rate of foreign exchange is determined by:
- Balance of Payments theory
- Mint par theory
- Purchasing power parity theory
- None of the above
Answer: Balance of Payments theory
Answer: Balance of Payments theory
Government Schemes Mock Test | Start Test! |
Political Science Mock Test – 42 | Start Test |
History Test – 190 | Start Test |
Quantitative Aptitude Test | Start Test! | Data Interpretation - Mock Test | Start Test! |
General Awareness - Mock Test | Start Test! |
Reasoning Ability - Mock Test | Start Test! |