Q.
1

List – I

 (Term)

List – II

(Statement)
I. Independent floating exchange rate. 1. Fiat money
II. Exchange rate depending entirely on market forces. 2. Clean float
III. Floating exchange rate regime where the monetary authorities interfere in the foreign exchange market for stabilizing exchange rate. 3. Managed float
IV. Non-convertible paper currency. 4. Free float
  • A

    I      II         III        IV

    2       4          3          1

     

     

     

  • B

    4       3          1          2

  • C

    1        3          4          2

  • D

    2        1          3          4