_______ is a situation when 'managed floating' is exercised by the Central Bank.
- Crawling peg
- Spot market
- Dirty floating
- None of these
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- Dirty floating
Dirty floating means when a country manipulates the exchange rate by not following rules and regulations then central Bank intervene to check such situation.
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Similar Questions
- 1View SolutionBalance of Payments deficit is calculated by taking into account the _______ only.
- accommodating transactions
- autonomous transactions
- unilateral transactions
- None of the above
- 2View SolutionOther things remaining the same, when in a country the market price of foreign currency falls, national income is likely: (Choose the correct alternative)
- To rise.
- To fall.
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- To remain unaffected.
- 3View SolutionWhat will be the effect on exports if foreign exchange rate increases?
- Increases.
- Decreases.
- Remains constant.
- None of them.
- 4View SolutionCurrent account of BOP records transactions is relating to ______.
- exchange of goods.
- exchange of services.
- unilateral transfers.
- all of them.
- 5View SolutionWhich is not a feature of Balance of Payments (BOP) Account?
- It includes economic transactions.
- It has given period of time.
- It records only capital transactions.
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- 6View Solution_______ is the rate which is determined by market forces.
- Fixed exchange rate
- Real exchange rate
- Flexible exchange rate
- Nominal exchange rate
- 7View SolutionWhich one of the following statements deals with debts and claims of a country?
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- Balance of trade account.
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- Private capital.
- Both (b) and (c).
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- depreciation.
- revaluation.
- devaluation.
- appreciation.
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