On September 03, a saving bank customer in India, requests for issue a USD 10000. Theinter-bank currency rates are as under:
Spot rate: 1 USD = Rs.75.00 /0.50
Sep forward margin = 0.35 / 0.40
Bank requires an exchange margin of 0.15%.
What rate will be quoted and how much amount will be debited to customer's account.
Here TT selling rate should be used and exchange margin will be added, since for thebank, it is a sale transaction. Spot rate selling rate = 75.50 Add margin @ 0.15% = 75.61 Gross amount due from customer = 75.61 x 10000 = 756100
How many Schedules are there under the Companies Act, 2013?
Who among the following cannot be appointed as member of Securities Appellate Tribunal?
The punishments to which offenders are liable under the provisions of the IPC are___________________
According to Code 36 of the Occupational Safety, Health and Working Conditions Code, 2020, can oral evidence be used to contradict standing orders cert...
No. of arbitrators in an arbitral tribunal shall be:
Specific relief Act can be granted for the purpose of
The legal guardian of a Muslim minor female is:
Substitution of old contract with new one______?
Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days ___________________
Which of the following statement is correct about 'Document' as defined in Indian Penal Code?
