Millionaire Mode

Managed Float Exchange Rate

Question 1 of 15

What is a managed float exchange rate?

  1. A system in which the government sets the exchange rate.
  2. A system in which the exchange rate is determined by market forces.
  3. A system in which the government intervenes to influence the exchange rate.
  4. A system in which the exchange rate is fixed against a single currency.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000