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Foreign Exchange Management Test 2
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Foreign Exchange Management Test 2
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25 Questions

1. If forward rate is same with spot rate says
2. Suppose that the Euro is selling at a forward discount in the forward-exchange market. This implies that most likely
3. Indirect rate of exchange is quoted in India for
4. The maximum period for which lagging can be adopted by firms in India is
5. An authorized person under FEMA does not include
6. When forward dollar is quoted at a discount against Euro, it means
7. Category III of Authorized dealers in India are
8. For funding the vostro account, the bank in India will apply
9. Foreign exchange transactions involve monetary transactions
10. Hedging with options is best recommended for
11. In foreign exchange markets American quotation refers to
12. EEFC stands for
13. GBP is the currency of -----
14. Agreement to buy and sell happens on same day
15. Translation exposure arises in respect of item translated at
16. India's foreign exchange rate system is
17. Which of the following is not considered a unilateral transfer
18. Euro is not a legal tender in the following country
19. The anchor currency that was used in the original scheme of IMF was
20. According to classification by IMF, the currency system of India falls under
21. The major players in the foreign exchange market are
22. The authorized dealers under FEMA are classified into
23. Merchant rate based on
24. A currency future is not
25. Your account with us ' stands for -------

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