Millionaire Mode

Determinants of Exchange Rate

Question 1 of 15

What is the primary function of an exchange rate?

  1. To determine the value of one currency relative to another.
  2. To regulate the flow of goods and services between countries.
  3. To control the level of inflation in a country.
  4. To manage the country's foreign exchange reserves.

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