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).
The combination of “Ivermectine, Diethy Carbomazine Citrate and Albendazole” drugs is recommended for which disease by W.H.O ?
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Who among the following Presidents of India was also the deputy chairman of Planning Commission?
Spirogyra is an example of which of the following algae?
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the eCourts Project Phase III as a Central Sector Scheme spanning four y...
Who were the first foreign rulers of northwest India in the post-Mauryan period?
Which of the following battles is considered the formal beginning of the British Raj in India?
Why is a Firewall used in Computer?
