Question
The exchange rate risk is absorbed by which of the
following under FCNR Deposit scheme?Solution
FCNR accounts are protected against forex rate risks (changes in the value of rupee vis-a-vis the currency in which the account is denominated) as they are maintained in a foreign currency. In other words, the principal and the interest are transferred in the currency in which the account is maintained sans any loss of exchange. The forex risk is therefore absorbed by the bank.
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-To defend conservative values,
...A. outstanding loans by September 2018, so the end
B. to continue to rise to as high as 11.1% of total
C. to the bad loans mess seems nowh...
Given below are six sentences, out of which sentences A and F are in the correct position. Sentences B, C, D and E are in a jumbled order. Select the op...
Which of these should be the SECOND sentence after rearrangement?
Which of the following would be the FIRST statement after rearrangement?
1. With such a passive attitude, the very
P. to one that is inferior you will begin to
Q. moment you pass from a superior environment
...Which of the following would be FIFTH the statement after rearrangement?
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-It requires physical endurance, whi...
Which sentence should come first in the paragraph?
Which of the following is the last (sixth) sentence if the passage?
Relevant for Exams:
