Economics · Economy
Which of the following statements are true regarding India’s current exchange rate system? 1. RBI regulates the Rupee-dollar rate directly. 2. RBI generally intervenes in the forex market indirectly to manage volatility. 3. RBI regulates the foreign exchange market. Select the correct answer using the codes given below:
- 13 only
- 22 and 3 only✓
- 31 and 2 only
- 41 only
Correct answer
2 and 3 only
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