Economics · Macroeconomics
The system where countries try to hold the value of their currencies within some range against an important reference currency or a 'basket' of currencies is referred to as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Extended exchange facility
- 2Fixed exchange rate
- 3Pegged exchange rate✓
- 4Dirty-float system
Correct answer
Pegged exchange rate
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 Macroeconomics MCQs →Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics