Match List I with List II
| List I - Foreign Exchange Rate | List II - Derived Meaning |
|---|---|
| A. Fixed exchange rate | I. Mixture of fixed and flexible exchange rate system. |
| B. Floating exchange rate | II. Determined by government. |
| C. Managed floating | III. Expectation of gain from appreciation of the currency |
| D. Speculation | IV. Determined by market forces of demand and supply of forex |
Choose the correct answer from the options given below:
Verified 13 Jul 2026.
A-IV, B-II, C-I, D-III
A-II, B-IV, C-I, D-III
A-I, B-IV, C-III, D-II
A-II, B-III, C-I, D-IV
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