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प्रश्न
How does RBI maintain a fixed rate in a Fixed Exchange Rate System?
पर्याय
RBI fixes the value of currency in terms of gold only
RBI buys/sells foreign exchange to maintain the fixed rate
RBI makes no regular intervention
RBI raises national income
MCQ
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उत्तर
RBI intervenes by buying or selling foreign exchange to maintain the fixed rate. This intervention distinguishes the Fixed Exchange Rate System from the Flexible system.
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