Characteristics of Managed Rate
This rate is mixture of fixed and floating rate, rate is
determined by the market, and However, Government keeps a close eye on the rate
and maintains the rate in certain limits.
1.
Controlled Volatility
In case of managed rate there is control volatility and
adverse effect with high volatility are not there.
2.
Government Intervention
Government does intervene in the market to control un desired
volatility.
