Multiple Choice
Under managed float, the central bank of a nation intervenes to-------foreign currency.
A) only purchase
B) only sell
C) purchase and sell
D) auction
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Exchange rate between two currencies is based
Q8: Purchasing Power Parity Theory considers that goods
Q9: Pick out the feature which is not
Q10: In a system of managed float there
Q11: Trading in foreign exchange has become fast
Q13: The provision of foreign bills of exchange
Q14: Transaction in which exchange of currencies take
Q15: Transaction in which currencies to be exchanged
Q16: India has adipted -------Exchange rate system.<br>A)Fixed<br>B)Flexible<br>C)Managed<br>D)Stable
Q17: -------is done to overcome uncertainties.<br>A)Arbitrage<br>B)Hedging<br>C)speculation<br>D)locking