Q158
Authority which intervenes directly or indirectly in foreign exchange markets by altering interest rates is considered as
A.
centralized instruments
B.
centralized stocks
C.
central government
AnswerD.
central corporations
Answer: Option C
Solution
Answer: Option C
Solution:
Authority which intervenes directly or indirectly in foreign exchange markets by altering interest rates is considered as central government. The central government oversees finance, commerce, national defense, foreign affairs, and all laws 'necessary and proper'.