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Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R). Assertion (A): The value of national currency determined by demand and supply of foreign currency is called flexible exchange rate. Reason (R): Demand and supply of the foreign currency is being determined by the Central Bank. Select the correct answer from the codes given below:
This question appeared in the UPPSC Prelims 2024 examination (GS-I). It is Question 116 out of 224 questions in this paper.
This question was part of the UPPSC Prelims 2024 (GS-I). The UPPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all UPPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.