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प्रश्न
Under the Flexible Exchange Rate System, the exchange rate is determined by which factor?
विकल्प
Government / Central Bank (RBI)
Demand and supply in the foreign exchange market
Gold
International Monetary Fund (IMF)
MCQ
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उत्तर
Under a Flexible (Floating) Exchange Rate System, demand and supply of foreign exchange determine the exchange rate. There is no regular intervention by Government or RBI to fix the rate.
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