Question Paper from: IBPS Clerk Mains 2016

NEER is the unadjusted weighted average value of a country's currency relative to all major currencies being traded within an index or pool of currencies. Does NEER stand for?

1:

Nominal Effective Exchange Rate

 

2:

Nominal Effective Essential Rate

3:

Nominal Electronic Exchange Rate

4:

Nominal Effective Exchange Ratio

5:

None of the above

Solution:
Chapter Name: Banking Awareness

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IBPS Clerk Mains 2016

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