Question

What do you mean by the international monetary system?

विकल्प

• It is the system of withdrawal of money.

• It is the system for the deposit of money.

• It is the system linking national currencies and the monetary system.

• None of these

Answer 1

It is the system linking national currencies and the monetary system.

Explanation:

The international monetary system is the system linking national currencies and the monetary system. In this system, national currencies, for example, the Indian rupee, were pegged to the dollar at a fixed exchange rate.