Multiple Choice
The rate of exchange of two currencies on the basis of exchange quotes of other pairs of currencies are derived when a quote of home currency (or desired currency) to any other currency is not available in the Foreign Exchange market is called ____________.
A) Direct Quote
B) Exchange Rate
C) Cross Rate
D) Dependent Rate
Correct Answer:
Verified
Correct Answer:
Verified
Q8: An efficient Capital Market provides operational efficiency
Q9: When an American Company acquires a division
Q10: There is a close link between the
Q11: A facility of carrying forward the transaction
Q12: When the exposed position in a foreign
Q14: Which of the below mentioned contract is
Q15: Which one of the following is NOT
Q16: Full form of WDM segment is ………..<br>A)Wholesale
Q17: From the data given below which option
Q18: Rs. 75.17/USD is which type of quotation?<br>A)Indirect