Millionaire Mode

Floating Exchange Rate

Question 1 of 15

What is a floating exchange rate?

  1. A system in which the value of a currency is determined by supply and demand in the foreign exchange market.
  2. A system in which the value of a currency is fixed by the government.
  3. A system in which the value of a currency is determined by a combination of supply and demand and government intervention.
  4. A system in which the value of a currency is determined by the central bank.

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