Question

. Which Exchange Rate System is a better indicator of economic condition of the economy? कौन सी विनिमय दर व्यवस्था अर्थव्यवस्था की स्थिति की सही सूचक है? 1. Fixed Exchange Rate System 3. Both 1 & 2 स्थिर विनिमय दर व्यवस्था 1 व 2 दोनों 2. Flexible Exchange Rate None of the above System इनमें से कोई नहीं नम्य विनिमय दर व्यवस्था 4.​

Answer 1

Answer:

Fixed rates are chosen to force a more prudent monetary policy, while floating rates are a blessing for those countries that already have a prudent monetary policy. A prudent monetary policy is most likely to arise when two conditions are satisfied.