Exam 13: Understanding Foreign Exchange Market and Exchange Rate Systems: Part 2

Pick out the feature which is not true of the foreign exchange market.

Transaction where the exchange of currencies take place on the same date is known as

Which of the following is not an assumption of the Purchasing Power Parity theory? -------                      

The modern foreign exchange market functions in a system of -------.

Under IMF, the exchange rate system was     -------                 

Flexible exchange rate system, the exchange rate is determined by -------     

Exchange rate between two currencies is based on -------

Purchasing Power Parity Theory considers that goods in different countries are -------         

Pick out the feature which is not true of the foreign exchange market.

In a system of managed float there is less chance of speculation.

Trading in foreign exchange has become fast and simple due to -------.

Under managed float, the central bank of a nation intervenes to-------foreign currency.

The provision of foreign bills of exchange in international payments in an example of -------.

Transaction in which exchange of currencies take place at a specified future date, subsequent to spot date is known as,

Transaction in which currencies to be exchanged the next day of the transaction is known as

India has adipted -------Exchange rate system.

    -------is done to overcome uncertainties.

The currency used for international transactions irrespective of the importing or exporting country's currency is called -------.

-------is the opposite of hedging.

Pick out the feature which is not true of the foreign exchange market.