With reference to economy which of the following statements is correct about lsquo Managed Floating ...........

Economic Affairs Others

With reference to economy, which of the following statements is correct about ‘Managed Floating’?

It is a mixture of a flexible exchange rate system and a fixed rate system.

It is a mixture of a interest rate system introduced after adoption of MCLR norms.

It is a term used to denote such stocks which can be traded as equity as well as derivatives.

None of the above

It is a mixture of a flexible exchange rate system and a fixed rate system.

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