Question : When value of a currency is fixed in terms of some other currency or in terms of gold, it is known as

Option 1: Pegging

Option 2: Parity value

Option 3: Speculative

Option 4: None of the above.

Question

Question : When value of a currency is fixed in terms of some other currency or in terms of gold, it is known as

Option 1: Pegging

Option 2: Parity value

Option 3: Speculative

Option 4: None of the above.

Team Careers360 · Accepted Answer

Correct Answer: Parity value

Solution : Parity value of currency involves when value of a currency is fixed in terms of some currency or in terms of gold.
Hence option B is correct.

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Question : When value of a currency is fixed in terms of some other currency or in terms of gold, it is known as Option 1: Pegging Option 2: Parity value Option 3: Speculative Option 4: None of the above.

Related Questions

Question : When value of domestic currency is tied to the value of another currency, it is known as Option 1: Pegging Option 2: Parity value Option 3: Speculative Option 4: None of the above.

Question : What do you mean by Parity value of currencyOption 1: Value of currency fixed in terms of another currency Option 2: Value of currency fixed in terms of gold Option 3: Value of currency in terms of USD Option 4: None

Question : When a country's currency appreciates, it means that:Option 1: Its value increases relative to other currencies. Option 2: Its value decreases relative to other currencies. Option 3: Its value remains constant. Option 4: None of the above.

Question : When domestic currency gains value in relation to a foreign currency in the international market, it is termed as a situation of:Option 1: Currency Depreciation Option 2: Currency Appreciation Option 3: Currency Devaluation Option 4: None

Question : The real exchange rate is a measure of:Option 1: Purchasing power of one currency relative to another. Option 2: Exchange rate fluctuations in the short term. Option 3: The value of a currency in terms of gold. Option 4: Speculative movements in the foreign exchange market.

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Question : When value of a currency is fixed in terms of some other currency or in terms of gold, it is known as

Option 1: Pegging

Option 2: Parity value

Option 3: Speculative

Option 4: None of the above.

Question : When value of domestic currency is tied to the value of another currency, it is known as

Option 1: Pegging

Option 2: Parity value

Option 3: Speculative

Option 4: None of the above.

Question : What do you mean by Parity value of currency
Option 1: Value of currency fixed in terms of another currency

Option 2: Value of currency fixed in terms of gold

Option 3: Value of currency in terms of USD

Option 4: None

Question : When a country's currency appreciates, it means that:
Option 1: Its value increases relative to other currencies.

Option 2: Its value decreases relative to other currencies.
Option 3: Its value remains constant.

Option 4: None of the above.

Question : When domestic currency gains value in relation to a foreign currency in the international market, it is termed as a situation of:
Option 1: Currency Depreciation

Option 2: Currency Appreciation

Option 3: Currency Devaluation

Option 4: None

Question : The real exchange rate is a measure of:
Option 1: Purchasing power of one currency relative to another.

Option 2: Exchange rate fluctuations in the short term.

Option 3: The value of a currency in terms of gold.

Option 4: Speculative movements in the foreign exchange market.