Economics · Foreign Exchange Market
The exchange rate tends to converge among different regions or countries. This phenomenon is primarily driven by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Insurance cover
- 2Speculation
- 3Hedging
- 4Arbitrage✓
Correct answer
Arbitrage
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Foreign Exchange Market MCQs →Want more practice questions on Foreign Exchange Market?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Foreign Exchange Market