Download App

Open Economy Macroeconomics — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsOpen Economy Macroeconomics1 Mark
MCQ
_______ is a situation when 'managed floating' is exercised by the Central Bank.
  • A
    Crawling peg
  • B
    Spot market
  • ✓
    Dirty floating
  • D
    None of these
✓

Answer

Correct option: C.
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.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Open Economy Macroeconomics→Open Economy Macroeconomics — all question types→Economics STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Unilateral transfers are a part of:
→
In the diagram below, at exchange rate $OP _1$, there is
Image
→
Generally, the value of currency of a country is expressed in terms of___________.
→
A government shows a primary deficit of $10,000$ crore. The revenue expenditure on interest payment is $8000$ crore. How much is the fiscal deficit?
→
Disinvestment by government means:
→
When aggregate demand is greater than aggregate supply, inventories.
→
The money backed by order or authority of the government and do not have instrinsic value like gold and silver coins are called:
→
In order to discourage investment in the economy, the $\text{RBI}$ may:
→
Demand for intermediate consumption arises in $.......$
→
In case of excess demand, $\text{RBI} .........$ the bank rate or interest rate which makes the credit dear.
→