Question : Which of the following is an example of an indirect exchange rate quotation?

Option 1: USD/JPY = 110.50
   

Option 2: EUR/GBP = 0.85
   

Option 3: GBP/CHF = 1.25

Option 4: AUD/CAD = 0.95

Question : Which of the following is an example of an indirect exchange rate quotation?

Option 1: USD/INR = 75.50
  

Option 2: EUR/USD = 1.20
 

Option 3: GBP/AUD = 1.80

Option 4: JPY/GBP = 0.0075

Question : Which of the following is an example of a direct exchange rate quotation?

Option 1: USD/EUR = 1.25
 

Option 2: EUR/USD = 0.80
  

Option 3: GBP/USD = 1.40

Option 4: AUD/JPY = 82.50

Question : Which of the following is an example of a freely floating exchange rate system?

Option 1: Gold standard
 

Option 2: Currency board arrangement
 

Option 3: Managed float exchange rate

Option 4: Pegged exchange rate

Question : Which of the following exchange rate systems provides the highest level of exchange rate stability?

Option 1: Floating exchange rate
   

Option 2: Fixed exchange rate ‘ 
 

Option 3: Managed float exchange rate

Option 4: Pegged exchange rate