Economics · Foreign Exchange Market

At any point in time, all markets tend to have the same exchange rate for a given currency primarily due to which of the following?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Arbitrage

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Foreign Exchange Market?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Foreign Exchange Market

Mahatma Gandhi's last fast unto death in 1948 was primarily against which of the following?

What was the primary meaning of 'Swaraj' as popularized by Mahatma Gandhi during India's independence movement?

What was one major impact of India’s independence on its economy?

Related Practice Questions