CUET Preparation Today
Match List - I with List - II.
Choose the correct answer from the options given below : | ||||||||||||||||||||
(A)-(II), (B)-(III), (C)-(I), (D)-(IV) (A)-(I), (B)-(II), (C)-(IV), (D)-(III) (A)-(III), (B)-(IV), (C)-(II), (D)-(I) (A)-(IV), (B)-(I), (C)-(III), (D)-(II) |
(A)-(III), (B)-(IV), (C)-(II), (D)-(I) |
The correct answer is Option 3: (A)-(III), (B)-(IV), (C)-(II), (D)-(I)
(A) Flexible exchange rate → (III) Floating exchange rate.A flexible exchange rate is also called a floating exchange rate because it changes according to demand and supply in the foreign exchange market. (B) Devaluation → (IV) Government. Devaluation is done deliberately by the government or central bank under a fixed exchange rate system. (C) Fixed exchange rate → (II) Pegged exchange rate. A fixed exchange rate is also known as a pegged exchange rate because the value of currency is fixed against another currency. (D) Depreciation → (I) Market forces. Depreciation occurs due to market forces such as demand and supply in a flexible exchange rate system. | ||||||||||||||||||||
