OMR is quoted against USD and EURO. Under which of the following condition will the trader have a possibility of arbitrage?

a.

When calculated cross rate of USD/EUR is equal to Quoted cross rate

b.

When calculated cross rate of OMR/EUR is different from Quoted cross rate

c.

When the calculated cross rate of USD/EURO is different from Quoted cross rate

d.

When calculated cross rate of OMR/USD is greater than quoted rate

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Question 17

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Under which of the following methods long term receivables is translated at Historical rate?

a.

Temporal Method

b.

Current Rate Method

c.

Monetary and Non monetary method

d.

Current and Non current mthod

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Question 18

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Holding investments for weeks, months or even years is known as

a.

Swing Trading

b.

Day trading

c.

Scalping

d.

Position trading

e.

60 days

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Question 19

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OMR being a home currency quoted indirectly against USD . Which of the following information will indicate that OMR is at forward Premium?

a.

Forward rate of price currency is higher than spot rate under direct Quote

b.

Spot rate of Price currency is more than forward rate under indirect quote

c.

spot rate of price currency is less than the forward rate under direct quote

d.

Spot rate of Price currency is less than Forward rate under Indirect quote

e.

All the options are wrong

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Question 20

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Which of the following will not be a consequence of a recession in a country?

a.

Decrease in chances to acquire foreign capital

b.

Interest rates will fall

c.

Weaker currency rate

d.

All the options are wrong