Exchange rates state the value of one currency in terms of other currencies. Which one of the following statements with respect to the exchange rate of currency is correct ?
Floating exchange rates are rates in which the Governments interfere by buying or selling their currencies.
Fixed exchange rates are rates set by Government decisions and maintained by Government actions.
Under the Bretton Woods System, the exchange rates are floated in terms of rise or fall in price of gold.
Under the classical gold standard, the exchange rates are fixed in terms of the price of dollar.
For election to the Lok Sabha, a nomination paper can be filed by
Miscellaneous · Easy
In a month if the seventh day is three days earlier than Saturday,then the nineteenth day of the month will be a
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Which among the following events happened earliest ?
Miscellaneous · Easy
An 80-litre solution of alcohol and water has 75% alcohol. How much water (in litres) must be added to bring down the concentration of alcohol to 60%?
Miscellaneous · Easy