Multiple Choice
Pick out the feature which is not true of the foreign exchange market.
A) It is open 24 hours a day
B) Not one single entity can control the market
C) Huge market
D) It has limited geographical dispersion
Correct Answer:
Verified
Correct Answer:
Verified
Q13: The provision of foreign bills of exchange
Q14: Transaction in which exchange of currencies take
Q15: Transaction in which currencies to be exchanged
Q16: India has adipted -------Exchange rate system.<br>A)Fixed<br>B)Flexible<br>C)Managed<br>D)Stable
Q17: -------is done to overcome uncertainties.<br>A)Arbitrage<br>B)Hedging<br>C)speculation<br>D)locking
Q18: The currency used for international transactions irrespective
Q19: -------is the opposite of hedging.<br>A)Arbitrage<br>B)locking<br>C)speculation<br>D)blocking
Q21: -------enables an investor to earn high returns
Q22: In the determination of the exchange value
Q23: According to the Purchasing Power Parity theory,