Solution
Exchange rates in India operate largely under a market-driven system, in which the value of the rupee against the dollar is determined by foreign exchange demand and supply. Higher demand for dollars weakens the rupee, and vice versa. While RBI may intervene occasionally, the fundamental determinant remains the demand-supply equilibrium in the forex market rather than strict government control or stock market trends.
Get AI Help
Create a FREE account and get:
- All Quant Formulas and shortcuts PDF
- 40+ previous papers with detau solutions PDF
- Top 500 MBA exam Solved Questions for Free
CMAT Quant Questions | CMAT Quantitative Ability
CMAT Functions, Graphs and Statistics QuestionsCMAT Logarithms, Surds and Indices QuestionsCMAT Inequalities QuestionsCMAT Progressions and Series QuestionsCMAT Averages, Ratio and Proportion Questions
CMAT DILR Questions | LRDI Questions For CMAT
CMAT Charts QuestionsCMAT Data Interpretation QuestionsCMAT Set Theory QuestionsCMAT Arrangement QuestionsCMAT Innovation and Entrepreneurship Questions
CMAT Verbal Ability Questions | VARC Questions For CMAT
Free CMAT Topicwise Questions
CMAT ChartsCMAT Railways AwarenessCMAT Data InterpretationCMAT Progressions and SeriesCMAT SportsCMAT VocabularyCMAT Para JumblesCMAT Linear EquationsCMAT Averages, Ratio and ProportionCMAT Reading ComprehensionCMAT Books and MoviesCMAT Logarithms, Surds and IndicesCMAT Time, Speed and DistanceCMAT Science and TechnologyCMAT Critical ReasoningCMAT Data Interpretation BasicsCMAT Probability, CombinatoricsCMAT InequalitiesCMAT Quadratic EquationsCMAT GKCMAT Capitals and CurrenciesCMAT Banking Computer KnowledgeCMAT AbbreviationsCMAT BusinessCMAT PGDBA CalculusCMAT ChemistryCMAT Innovation and EntrepreneurshipCMAT GeographyCMAT International GKCMAT Current AffairsCMAT CultureCMAT Economic and Social IssuesCMAT Profit and LossCMAT ArrangementCMAT Politics and GovernanceCMAT HistoryCMAT Indian National Static GKCMAT Old Current AffairsCMAT Banking AwarenessCMAT BiologyCMAT PhysicsCMAT Logical ReasoningCMAT Venn DiagramsCMAT Important OrganizationsCMAT Functions, Graphs and StatisticsCMAT Grammar and Sentence CorrectionCMAT People and AwardsCMAT Data SufficiencyCMAT EconomicsCMAT GeometryCMAT Number SystemsCMAT Set Theory
Book Free CAT Mentorship
Get personalized CAT strategy from a 99%iler
500+ students mentored
OTP Verification
Enter the 6-digit code sent to your phone
Booking Summary
Session:Free CAT Mentorship
Phone:
Date:
Time:
Enter OTP
Didn't receive the OTP?
