An Indian company is importing machine at a price of $ 5,00,000, payable after six months. The current exchange rate is ` 63 per US $.The forward contract for six months is available @ ` 64 per US $. If the rate turns out to be ` 64.25 per US $, the net gain to the importer in case he has entered into contract will be:

1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development