Advertisements
Advertisements
प्रश्न
Differentiate between Fixed and Floating exchange rate.
उत्तर
| Fixed exchange rate | Floating exchange rate |
| These rates of exchange are set. The government meddles to obstruct movement in them. | These exchange rates fluctuate depending on the supply and demand of different currencies on the foreign exchange markets. Government doesn't meddle in their affairs. |
APPEARS IN
संबंधित प्रश्न
Which one of the following is a modern form of currency?
Which of the following is the main informal source of credit for rural households in India?
Currency is issued in India by ______.
The part of the total deposits which a bank keeps with itself in cash is ______.
Everyone prefers to receive payments in ______.
Money is something that can act as a medium ______.
Which of the following banks issues currency notes on behalf of the Central government to ______.
A paper, instructing the bank to pay a specific amount to the person in whose name the paper has been made is called a ______.
State the role of Reserve Bank of India
Assertion (A): No individual in India can legally refuse a payment made in rupees.
Reason (R): In India the rupee is authorized by the State Governments.
