Question
1.Spot rate 1 US $ ='48.0123 180 days Forward rate for 1 US $ = 48.8190 Annualized financing cost for a half year - Rupee
1.Spot rate 1 US $ ='48.0123
180 days Forward rate for 1 US $ = 48.8190
Annualized financing cost for a half year - Rupee = 19.642%
Annualized financing cost for a half year - US $ =11.598%
Is there any exchange probability? In the event
that yes how anarbitrageur can take
benefit of the circumstance, in the event that
he will acquire ' 85154795.96 or US $83,312.
2.Authorization letter is needed in which sort of credit :
a) Term credit c) Overdraft
b) Cash credit d) All of the abovementioned.
3. _____________ office will be utilized by corporate houses identifying with postal division :
a) Letter posting c) Money request
b) Mail center box d) None of the abovementioned.
4.To challenge defaulter a few stages ought to be followed like :-
a) Suspension of provisions c) A stricter tone and style
b) Cancellation of credit. d) All of the abovementioned.
5. Full type of AAR :
a) Against all danger c) All against discount
b) All against hazard d) All against recuperation.
6. Full type of E and OE
a) Error and Omission Eluded c) Error and Omission Eradicated
b) Error and Ommission Excepted d) Error and Omission Established.
7. _____________ are made to voice a complaint and to get a consolation :
a) Representation c) Invitation
b) Notice d) None of these.
8. Full type of RSVP :
a) Respondey s'll by means of plait c) Respondey s'al through plait
b) Respondey s'll vous plait d) Respondey.
9. Which means of RSVP is :
a) Please pay c) Both a) and b).
b) Please send d) Please answer.
10. ________________ Messages doesn't need welcome and free close :
a) Fax c) Both a) and b)
c) Telex d) None of the abovementioned.
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