According to PPP theory the exchange rate between two currencies are determined by their ------------
A) Relative price level
B) Relative interest level
C) Relative income level
D) None of these
Correct Answer:
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Q7: Which are known as Bretton Wood Twins?
A)IMF&IFC
B)IFC
Q8: The headquarter of world Bank is at
Q9: The equilibrium exchange rate is determined by
Q10: Determining the exchange rate at a higher
Q11: FEMA is known as -------------
A)FEMA 1999
B)FEMA 2000
C)FEMA
Q13: In the exchange rate determination PPP theory
Q14: The rate at which one currency is
Q15: The objective of IDA is
A)Increase production
B)Stability in
Q16: Smithsonian Agreement was signed in the year
Q17: The objective of IMF is
A)Reduce Inequality
B)Exchange rate
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