Q7."Exchange rate between Indian Rupee and US Dollar has changed from 71.49 (Nov.2020 ) to 72.82 (Jan. 2021) through changes in market forces of demand and supply. Therefore it is believed that India's balance of payments this year is going to be' very very strong'. Commerce and Industry Minister Piyush Goyal said on Monday." Which is the exchange rate system that is operational in the above passage. a-Flexible exchange rate system b. Fixed exchange rate system c. Managed Floating exchange rate system d. None of the above
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I do know that causes of time to be a good
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a. a flexible rate change system
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