Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R). Assertion (A) : The value of national currency determined by demand and supply of foreign currency is called flexible exchange rate. Reason (R) : Demand and supply of the foreign currency is being determined by the Central Bank. Select the correct answer from the codes given below :

Which of the following statements is/are correct? 1. Most of India's reserves are held in the form of foreign currency. 2. There is no cost of holding foreign currency as reserves by a nation. Select…

Exchange rates state the value of one currency in terms of other currencies. Which one of the following statements with respect to the exchange rate of currency is correct?

The Foreign Exchange Reserves (FER) of RBI include which of the following? 1. Foreign Currency Assets (FCA) 2. Gold 3. Special Drawing Rights (SDR) 4. Reserve Tranche Position Select the correct answ…

Which of the following are included in M1 definition of money for the Indian economy? 1. Reserves 2. Currency 3. Time deposits 4. Demand deposits Select the correct answer using the code given below.

How can currency depreciation stimulate an increase in net exports? 1. By reducing export costs 2. By reducing import prices Select the answer using the code given below: