Millionaire Mode

Managed Float

Question 1 of 5

What is managed float?

  1. A system of exchange rate determination in which the government intervenes to influence the value of its currency.
  2. A system of exchange rate determination in which the government does not intervene in the value of its currency.
  3. A system of exchange rate determination in which the central bank sets the value of the currency.
  4. A system of exchange rate determination in which the market sets the value of the 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