{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-10-18T12:26:11.696Z","dateModified":"2026-04-02T12:15:13.156Z","typicalAgeRange":"11-18","educationalLevel":"CUET (UG)","assesses":"Economics - Money Market","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Money Market"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Economics"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (UG)"}],"name":"Quiz about Money Market","about":{"@type":"Thing","name":"Economics - Money Market"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Money Market","text":"Exchange rate determined by the market forces of demand and supply is known as:}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

Fixed exchange rate

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

Current exchange rate

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Constant exchange rate

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Floating exchange rate

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Floating exchange rate

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is (D) :Floating exchange rate"}}}]}

Exchange rate determined by the market forces of demand and supply is known as:

The Correct Option is D

Solution and Explanation

Questions Asked in CUET (UG) exam