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RBI Grade B Phase 1 PYP >> May 28, 2022 - Shift 1 >> General Awareness

Question :

Which of the following exchange rate systems got implemented after World War 2?

1. Basel System

2. Bretton Woods system

3. Bilateral Woods system

4. Dollar Declare system

5. US federal system

Correct Answer : 2
Solution :

The Bretton Woods System is a set of unified rules and policies that provided the framework necessary to create fixed international currency exchange rates. Essentially, the agreement called for the newly created IMF to determine the fixed rate of exchange for currencies around the world.

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Record Breaking Results in 2024-25 🎉

Niranjan Jain

Niranjan Jain

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Amit Mandal

Amit Mandal

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S B Tanay Gaurav

S B Tanay Gaurav

Rank #1

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Shubham Agrawal

Rank #1

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Manjot Singh

Manjot Singh

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Rohit Chadhar

Rohit Chadhar

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Shekhar Kumar

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