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).
Transport4All Challenge is an initiative of the which of the following central ministry?
'NSE Prime', sometimes mentioned in news, denotes:
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Changu is the dance of which state ?
Consider the following information:
Which one of the f...
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1. This Index is developed by the UNDP
2. This index covered 60 per...
Which of the following options correctly matches column-A with column-B?
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An amount doubles itself at compound interest in five years. In how many years will it amount to sixteen times itself?
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Statement 1: GOBARdhan scheme is being pursued as a nationa...
