Option 1: (B), (D), (A), (C) -> The chronological order is: First World War occurred from 1914-1918, followed by the Bretton Woods Conference in July 1944 which established the post-war international monetary system, then the Smithsonian Agreement in December 1971 which attempted to salvage the fixed exchange rate system after the collapse of Bretton Woods, and finally the Liberalized Exchange Rate Management System (LERMS) was introduced in India in March 1992 as part of economic liberalization reforms. -> correct
Arrange the following in ascending order according to their year of implementation (A) The Smithsonian Agreement. (B) First World War. (C)…
CUET UG 2025 — Economics Macro
2025mcqmedium
Arrange the following in ascending order according to their year of implementation
(A) The Smithsonian Agreement.
(B) First World War.
(C) Introduction of Liberalized Exchange Rate Management System.
(D) The Bretton Woods Conference.
Choose the correct answer from the options given below:
Official previous-year question
Held on 29 May 2025 · Verified 13 Jul 2026.
Options
- A
(B), (D), (A), (C)
- B
(A), (C), (B), (D)
- C
(B), (A), (D), (C)
- D
(C), (B), (D), (A)
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