1.Raisor Fincorp has purchased a 6 x 9 $ 100

million Forward Rate Agreement (FRA)

at 5.25%. On fixing date reference rate for example

MIBOR turns out be as per the following:

Period Rate (%)

3 months 5.50

a half year 5.70

9 months 5.85

You are needed to decide:

I. Benefit/Loss to Raisor Fincorp. as far as premise focuses.

ii. The settlement sum.

(Accept 360 days in a year)

2. The market for very brief period credit is called.....................

a. call currency market b. cash at short notification

c. T-charge market d. G-sec market

3. ..................... goes about as a go between Govt. furthermore, currency market

a. RBI b. SEBI c.

c. Business banks d. All the abovementioned

4. ................... are drawn by workers for hire on the Govt. offices for the products provided to

them

a. depository charges b. supply bill

c. bill of replenishing d. narrative bill

5. The bill which doesn't need acknowledgment is called.....................

a. depository charges b. supply bill

c. bill of filling d. narrative bill

6. ..................... are a significant instrument of momentary getting by the Govt.

a. Public saving authentication b. Bonds

c. Depository charge d. Any of the abovementioned

7. ..................... is a business opportunity for investors' acknowledgments

a. rebate market b. Compact discs market

c. Interbank support market d. Acknowledgment market

8. Convenience bills are otherwise called ..................... bills

a. kite charges b. wind charges c. supply charge d. both an and b

9. Adhoc depository bills are given for the ..................... as it were

a. Depository b. RBI

c. Business banks d. State government

10. ..................... are momentary stores of explicit development like fixed stores.

a. business paper b. Interbank investment declaration

c. Repo d. Endorsement of store