Match the statements/terms in Column I with correct statements/terms in Column II.

i-d, ii-c, ii-b, iv-a

(i-d) Transfer Function: The basic and the most obvious function of the foreign exchange market is to transfer the funds or the foreign currencies from one country to another for settling their payments.
(ii-c) Exchange rate system in India is managed floating exchange rate.
(iii-b) Fixed exchange rate is the rate determined by the RBI to the government.
(iv-a) Hedging function of foreign exchange market helps in protection against the risk.