A. Reserve currency
B. Hot currency
C. Pegged currency
D. Hard currency
Related Mcqs:
- What is called that bank which regularly accepts foreign currency-denominated deposits and makes foreign currency-denominated deposits and makes foreign currency loans ?
A. Eurobank
B. Foreign bank
C. International Bank
D. Multinational Bank - Which exchange rate system does not require monetary reserves for official exchange rate intervention ?
A. floating exchange rates
B. pegged exchanged rates
C. managed floating exchange rates
D. dual exchange rates - A High Court may make an order requiring a person within the territorial jurisdiction of the court holding or purporting to hold a public office to show under what authority of law the claims to hold that office is called writ of_______________?
A. Certiorari
B. Quo-Warranto
C. Prohibition
D. None of above - In testing a pile by load test, pile platform is loaded with one and half times the design load and a maximum settlement is noted. The load is gradually removed and the consequent rebound is measured. For a safe pile, the net settlement (i.e. total settlement minus rebound) per tonne of test load should not exceed________________?
A. 10 mm
B. 15 mm
C. 20 mm
D. 25 mm - The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?
A. Breton Wood method
B. Free market exchange rate
C. Atlas method of exchange rate
D. Open market exchange rate - With fixed exchange rates and no private currency flows, when the central bank buys domestic currency the domestic money supply is ?
A. increased
B. unaffected
C. reduced
D. None of these - From of central bank that issues domestic currency for foreign exchange at fixed rates ?
A. Stock exchange
B. Currency board
C. State Bank
D. Commercial Bank - Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?
A. indicative plan
B. central bank policies
C. central planning
D. instrument variables - If export contracts are written in terms of foreign currency and import contracts are denominated in domestic currency a depreciation of the dollar during the currency contract period ?
A. should increase the dollar value of exports
B. should not have any effect on the dollar value of U.S imports
C. must increase the balance of trade
D. All of the above - The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?
A. Partial substitution
B. Currency substitution
C. Currency devaluation
D. None
Mcq Added by: Adden wafa