Question
__________ is a theory according to which the interest
rate differential between two countries is equal to the differential between the forward exchange rate and spot exchange rate.Solution
The interest rate parity (IRP) is a theory regarding the relationship between the spot exchange rate and the expected spot rate or forward exchange rate of two currencies, based on interest rates. The theory holds that the forward exchange rate should be equal to the spot currency exchange rate times the interest rate of the home country, divided by the interest rate of the foreign country.
The rulers of the Lodhi dynasty were
Who was the ruler of the Koch dynasty during the spread of Ekasarana Dharma by Sankardev?
Which of the following inscriptions give the information about two Ashwamedha Yajnas performed by the King Pushyamitra Sunga?
Who was the last ruler of Mauryan dynasty?
Match List-I with List-II and select the correct answer using the codes given below the lists:
       List-I        ...
The establishment of "Diwan-i-Riyasat" by Alauddin Khilji was aimed at controlling which aspect of the economy?
The main outlet for foreign trade during Akbar's reign was the port of
The only Hindu noble at the court of Akbar to accept the Din-illahi was
Which ruler of the Chahamana dynasty made Ajmer his capital?
The state-promoted canal irrigation system was initiated by
