Multiple Choice
The provision of foreign bills of exchange in international payments in an example of -------.
A) Transfer function
B) Credit function
C) Speculation
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Purchasing Power Parity Theory considers that goods
Q9: Pick out the feature which is not
Q10: In a system of managed float there
Q11: Trading in foreign exchange has become fast
Q12: Under managed float, the central bank of
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