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प्रश्न
Which statement describes Government Intervention under a Flexible Exchange Rate System?
विकल्प
No regular intervention
RBI buys foreign exchange to maintain the fixed rate
RBI sells foreign exchange to maintain the fixed rate
Currencies are fixed against the US Dollar
MCQ
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उत्तर
A Flexible Exchange Rate System operates without regular intervention. The exchange rate changes according to demand and supply in the foreign exchange market.
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