Study Platform for Banking, JAIIB, CAIIB, Promotion And Technology for dedicated Bankers...!!!

Thursday 25 August 2016

CAIIB-BFM-01


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
D.      Forward



Answer will be Provide on Next Day.....Thanks





0 comments:

Post a Comment

Facebook

; //]]>