Current Affairs

GK MCQs Section
Q. Any act of interference by a Central Bank like the RBI in influencing the exchange rate is referred to as which of the following in India?
Answer: Managed Floats
Notes: Any act of interference by a Central Bank like the RBI in influencing the exchange rate is called as ‘dirty floats’. But in India it is referred to as 'Managed floats'.

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Question Number: 7 in 44. Forex Reserves of India and Forex Management in above course in App.