Question
Suppose the following bilateral spot exchange rates are
being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€): US$/€ = 1.5 DKK/€ = 7.0 DKK/$ = 5.0 If you start with 100€, the most you could end up with in a single round of triangular arbitrage would be...Solution
Convert €100 to $150 (1.5*100) to DKK 750 (150*5) and back to €107.14 (750/7).
Choose the correct option from below mentioned change in voice of the given sentence:
The nurse is looking after this little girl.
Addressing the participants since inaugurating (A)/the conclave, the minister said (B)/water and sanitation is a significant sector (C).
The patient waited in dread for the trolley it would taken him to the operation theatre.
And those predicting total economic mayhem may still be forced to eat humble pie by this time next year if economic growth starts to pick...
Choose the correct combination of grammatically incorrect sentences
I. The growing trend towards sustainable and responsible investing is prom...
Identify the highlighted part of speech, choose the correct answer
The man disappeared with the cash.
Which of the phrases given below the sentence should replace the phrase in bold to make the sentence grammatically correct.
An example sentence w...
Non-autonomous expenditure (A) has to go up sufficiently to create (B) a growth momentum that allays workers’ fears that they might (C) not have a job...
The Union Environment Ministry, make (A) with safeguarding India’s forests and its environmental assets, threatening (B) to amend s...
Find the part containing error. If none of the four parts contains error, mark ‘No Error’ as your answer.
Laptops, tablets, and personal co...