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Banking Awareness · Q227

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 227

Q227

The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the

A.
Exchange rate
Answer
B.
MIBOR
C.
Inter bank Call money rate
D.
Base rate

Answer: Option A

Solution

Answer: Option A
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