PYQPulse
HomeMocksPracticePYQsDashboard
PYQPulse

Timing-accurate mock tests and PYQs for SSC, Banking and Railway exams — so the real paper feels like a revision.

Exams

  • SSC exams
  • Banking exams
  • Railway exams
  • All exams

Practice

  • Practice questions
  • Mock test series
  • Sectional tests
  • Year-wise PYQs
  • Performance analytics

Company

  • About us
  • Help Centre
  • Pricing
  • Sign in

Legal

  • Privacy Policy
  • Terms of Service

Contact

  • hello@testwala.co.in
  • Telegram
  • +91 62816 87760

Practice interface modeled on the official exam pattern — not the official examination. PYQPulse is not affiliated with the Staff Selection Commission, IBPS, SBI, RBI, NABARD, SEBI or Indian Railways.

© 2026 PYQPulse. All rights reserved.

Built for aspirants, by aspirants.

HomeMocksPracticeStats
  1. Home
  2. ›
  3. PYQs
  4. ›
  5. KPSC KAS
  6. ›
  7. 2020
  8. ›
  9. Q46

KPSC KAS 2020 · Question 46 of 100

Liberalised Exchange Rate Management System (LERMS) was instituted in _____ .

Economics - Exchange Rate

  1. AApril, 1991
  2. BApril, 1993
  3. CMarch, 1992Correct
  4. DApril, 1995

Answer: C. March, 1992

Explanation

The Liberalised Exchange Rate Management System (LERMS) was instituted in March 1992.

Source: KPSC Gazetted Probationers Prelims Paper-I 24-08-2020 (Subject Code 388), Official Key Chart Series A

← Q45View full paper (100 questions)Q47 →

Practice the full KPSC KAS 2020 paper

Timed test with all 100 questions, just like the real exam.

Start test