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Open Economy Macroeconomics — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsOpen Economy Macroeconomics1 Mark
MCQ
Which exchange rate is officially declared by the government?
  • A
    Managed Floating Rate.
  • B
    Floating Exchange Rate.
  • ✓
    Fixed Exchange Rate.
  • D
    None.
✓

Answer

Correct option: C.
Fixed Exchange Rate.

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