n NISM Certifications
NSM General NISM
Medium

If 10 units of gold are valued at ₹54,000 and USD 675, what is the value of 1 USD in INR using the gold standard method?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    540

  2. B

    85

  3. C

    1000

  4. 80

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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