Question

The exchange rate system where the value of a currency is determined by market forces is called a:

A Fixed exchange rate
B Floating exchange rate
C Pegged exchange rate
D Managed exchange rate
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)