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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. |
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संबंधित प्रश्न
Which one of the following is a modern form of currency?
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