Q1. The rate at which the quoting bank is ready to sell the
currency is called
A.
Bid rate
B.
Offer rate
C.
TT buying rate
D.
Swap rate
Q2. Operational rate does not include:
A.
Technical faults
B.
Human errors
C.
Systemic failures
D.
Movement in exchange rate
Q3. Exchange rate expressed in term of home currency
quotation is called-
A.
Fixed exchange rate.
B.
Floating exchange rate.
C.
Direct exchange rate.
D.
Indirect exchange rate.
Q4. Exchange rate expressed in term of foreign currency
quotation is called-
A.
Fixed exchange rate.
B.
Floating exchange rate.
C.
Direct exchange rate.
D.
Indirect exchange rate.
Q5. Foreign Exchange markets are-
A.
Regional market.
B.
Domestic market.
C.
Global markets.
D.
Localized markets.
Q6. Spot dealing in FX market means:
A.
Delivery of fund is on the 30th
working day from date of deal.
B.
Delivery of fund is on the second working day
from date of deal.
C.
Delivery of fund is on the next date from date
of deal.
D.
Delivery of fund is on the one week after the
date of deal.
Q7. The date of settlement of fund is known as
A.
Value date
B.
Bid date
C.
Cross date
D.
Fixed date
Q8. Settlement of fund take place on the same day of the
date of deal is called :
A.
Spot
B.
Ready
C.
Tom
D.
Forward
Q9. Settlement of fund take place on the next working day of
the date of deal is called :
A.
Spot
B.
Ready
C.
Tom
D.
Forward
Q10. Settlement of fund take place on the second working day
of the date of deal is called :
A.
Spot
B.
Ready
C.
Tom
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