Question
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.Solution
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
Select the figure from the given options that will come next in the following figure series.
Select the figure from among the given options that can replace the question mark (?) in the following series.
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In each of the following questions which one of the answer figures shall complete the given question figure.
Find the question mark ? figure from answer figure.
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Each of the following questions consists of two sets of figures. Figures A, B, C and D constitute the Problem Set while figures (1), (2), (3) and (4) c...
Select the figure which will come next in the following figure series.
Select the figure from the options that can replace the question mark (?) in the following series.
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