Two friends Mira and Sindhu were discussing the exchange rate systems. 'Under this system, the exchange rates are determined by the market forces of demand and supply. However, deliberate efforts are made by the competent authority to keep the exchange rates within a specific range'. The above-mentioned statement was given by Sindhu, identify the type of exchange rate system was she talking about?

Topics covered by the exam incude: 

Microeconomics, Consumer Behaviour and Demand; Producer Behaviour and Supply; Forms of Market and Price Determination; Simple    
Applications of Tools of Demand and Supply Curves   

Macroeconomics—National Income and Related Aggregates — Basic Concepts and Measurement; Determination of Income and Employment; Money and Banking; Government Budget and the Economy; Balance of Payments; Indian Economy; Passage Based Multiple Choice Questions