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Consider the following statements : The price of any currency in international market is decided by the I. World Bank. II. demand for goods/services provided by the country concerned. III. stability of the government of the concerned country. IV. economic potential of the country in question. Of these statements

Consider the following statements : The price of any currency in international market is decided by the I. World Bank. II. demand for goods/services provided by the country concerned. III. stability of the government of the concerned country. IV. economic potential of the country in question. Of these statements :

(a)

I, II, III and IV are correct

(b)

II and III are correct

(c)

III and IV are correct

(d)

I and IV are correct

Answer:

(b)

Explanation