International Finance Quiz - 2
1. If ERD > IRD then exporter should avail a Rupee finance
[A]TRUE
[B]FALSE
2. In London Market of UK, the Indirect Quote Method is still adopted.
[A]TRUE
[B]FALSE
3. The Euro Commercial paper is supported by a team-syndicated credit with both sides of the transaction combined into one operation.
[A]TRUE
[B]FALSE
4. Cross currency forward contract is not meaningful if original contract is in Rupees to USD
[A]TRUE
[B]FALSE
5. Postal receipt is an acknowledgement of receipt of goods, a quasi negotiable instrument.
[A]TRUE
[B]FALSE
6. The Prominent non banking financial institutions participating in the FOREX markets are Pension funds, mutual funds, insurance Cos.
[A]TRUE
[B]FALSE
7. Funding Options in domestic yen market are Futures, FRAs, Call and put options.
[A]TRUE
[B]FALSE
8. There is no difference between CIP and CIF contracts except the mode of transportation.
[A]TRUE
[B]FALSE
9. JV means Joint venture and WOS means World of Security.
[A]TRUE
[B]FALSE
10. Integrated branches of Commercial banks handle forex transactions as well as options, swaps, futures, arbitrage operations
[A]TRUE
[B]FALSE
11. At Least one principal Lender bank is essential for issue of the ADR or GDR.
[A]TRUE
[B]FALSE
12. Till August 1994 India was following the Indirect Methodof Rate quotation.
[A]TRUE
[B]FALSE
13. Cause of increase in cost of public issues Underwriting fees , selling commission
[A]TRUE
[B]FALSE
14. The Option period in the forward contract is at the option of the Banker, hence the bank has to be very conservative in quoting rates.
[A]TRUE
[B]FALSE
15. In red clause credit some clauses are printed in Red ink.
[A]TRUE
[B]FALSE
0 comments:
Post a Comment