International Finance And Treasury - Study Mode
[#411] Which of the following option is correct? Statement I Direct quote is when the foreign currency remains fixed and the home currency keeps on varying. Statement II Quotations in direct quote are the ones that represent the value of a foreign currency in rupees (number of rupees per currency) are denoted as direct quotations.
Correct Answer
(A) Both statements are correct
[#412] Bid-ask spread in foreign exchange market is the
Correct Answer
(B) difference between bid and ask quotes for a currency
(F) difference between bid and ask quotes for a currency
[#413] Indicate correct codes for the following statements of Assertion (A) and Reason (R) . Assertion (A) The Global Managers must develop systems and policies that address floor price ceiling price and optimum price. Reason (R) The Global Managers must be in line with global opportunities and constraints.
Correct Answer
(C) Both (A) and (R) are correct, but (R) is the right explanation of (A)
[#414] Which of the following statement is not aim of international capital market?
Correct Answer
(A) Preserving hard currencies to finance trade deficits
[#415] Which of the statements is/are true? 1. American option allows the option buyer to exercise his rights at any point before the expiry date. 2. Under European options, the option buyer can exercise his right only on the date specified in the option and not before that.
Correct Answer
(C) Both statements are correct