Consider the following statement: The price of any currency in international market is decided by the
1. World Bank.
2. Demand for goods/services prov

Question

Consider the following statement: The price of any currency in international market is decided by the
1. World Bank.
2. Demand for goods/services provided by the country concerned.
3. Stability of the government of the concerned country.
4. Economic potential of the country in question.
Select the correct answer using the codes given below:

Accepted Answer

(B) 2 and 3 only

Answer

(A) 1, 2, 3 and 4

Answer

(C) 3 and 4 only

Answer

(D) 1 and 4 only