Business Economics MCQs
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Q 1. India has adipted _ _ _ Exchange rate system.
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Q 2. Flexible exchange rate system, the exchange rate is determined by _
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Q 3. Under managed float, the central bank of a nation intervenes to_ _ foreign currency.
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Q 4. Under IMF, the exchange rate system was _
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Q 5. Purchasing Power Parity Theory considers that goods in different countries are _
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Q 6. Exchange rate between two currencies is based on _ __
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Q 7. Which of the following is not an assumption of the Purchasing Power Parity theory? _
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Q 8. According to the Purchasing Power Parity theory, the rate of exchange between the currencies of two countries is determined by_
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Q 9. Transaction in which currencies to be exchanged the next day of the transaction is known as
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