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  • Question
  • Currency exchange rates are based on


  • Correct Answer
  • The amount of money you?ll get for a given amount of your country?s currency is based on internationally determined exchange rates Exchange rates can be either fixed or floating Fixed exchange rates use a standard, such as gold or another precious metal, and each unit of currency corresponds to a fixed quantity of that standard that should (theoretically) exist 

  • Tags: Analyst, Bank Clerk, Bank PO

    Basic General Knowledge problems


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    • 1. What is the function of an antagonist in a story?
    • Discuss
    • 2. What are the four steps to the briefing process?
    • Discuss
    • 3. Who has launched a survey on the NaMo App, asking people to rate the performance of the government at the Centre and MPs and MLAs in their constituencies recently?

    • Options
    • A. Home Minister Rajnath Singh
    • B. HRD Minister Prakash Javadekar
    • C. Finance Minister Piyush Goyal
    • D. Prime Minister Narendra Modi
    • Discuss
    • 4. The highway transportation system is coordinated by

    • Options
    • A. Department of Transportation
    • B. Your local police department
    • C. The Department of Education
    • D. The Internal Revenue Service
    • Discuss
    • 5. What is meant by demography?

    • Options
    • A. The well being of populations
    • B. Growth of population
    • C. Birth and death of population
    • D. All the above
    • Discuss
    • 6. Anti lock braking systems can significantly

    • Options
    • A. Improve your breaking stability
    • B. Impede your break instability
    • C. Impede your breaking power
    • D. Improve your breaking power
    • Discuss
    • 7. What group sets hunting regulations in most states?

    • Options
    • A. Forest management agency
    • B. Head hunting firms agency
    • C. Hunting outfitters agency
    • D. A wildlife management agency
    • Discuss
    • 8. A compass always points to

    • Options
    • A. North
    • B. Magnetic north
    • C. Magnetic South
    • D. South
    • Discuss
    • 9. Where is it legal to tie up your boat?

    • Options
    • A. to a lighted buoy
    • B. to a mooring buoy
    • C. to a non-lateral marker
    • D. to a safe water marker
    • Discuss
    • 10. Which superhero shares a name with a town in Turkey?

    • Options
    • A. Batman
    • B. Spiderman
    • C. Ironman
    • D. None of the above
    • Discuss


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