1.EFD Ltd. is a fare business house. The organization gets ready receipt in clients$

money. Its borrowers of US$. 10,000,000 is expected on April 1, 2015.

Market data as at January 1, 2015 is:

Trade rates US$/INR Currency Futures US$/INR

Spot 0.016667 Contract size: $ 24,816,975

1-month forward 0.016529 1-month 0.016519

3-months forward 0.016129 3-month 0.016118

Introductory Margin Interest rates in India

1-Month $ 17,500 6.5%

3-Months $ 22,500 7%

On April 1, 2015 the spot rate US$/INR is 0.016136 and cash future rate is

0.016134.

Which of the accompanying strategies would be generally favorable to EFD Ltd?

I. Utilizing forward agreement

ii. Utilizing cash fates

iii. Not supporting the cash hazard

2. The base total assets necessity for PCM on the NCDEX is - .

a. 50 million b. 500 million

c. 5000 million d. 5 million

3. Individuals from product market can pick to meet the security store prerequisite via -

a. Money b. Bank Guarantee

c. Fixed Deposit Receipts d. The entirety of the abovementioned

4. On account of specific wares like gold and silver, conveyance is lurched over last - days of the agreement.

a. Two b. Three

c. Five d. Thirteen

5. Unit of exchanging for Wheat at NCDEX is -

a. 1 MT b. 3 MT

c. 1 kg d. 10 MT

6. At present what number of public product trades are working in India?

a. 8 b. 7

c. 6 d. 10

7. Administrative group of ware market in India is -

a. FMC b. NCX

c. ICE d. ICRA

8. Forward Market Commission (FMC) set up in the year

-

a. 1948 b. 1964

c. 1953 d. 1952

9. FMC converged with SEBI in the year -

a. 1994 b. 2008

c. 2015 d. 2016

10. The time of foundation of National Multi-Commodity Exchange (NMCE) was -

a. 2002 b. 2003

c. 2004 d. 2005