New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is NOT a feature of the forex

    market?
    A It is decentralised worldwide market Correct Answer Incorrect Answer
    B It is operational 24 hours Correct Answer Incorrect Answer
    C In the forex market the currencies are traded Correct Answer Incorrect Answer
    D A and C Correct Answer Incorrect Answer
    E All are features of forex market Correct Answer Incorrect Answer

    Solution

    The Forex market is the place where currencies are traded. It refers to buying foreign currencies with domestic currencies and selling foreign currencies for domestic currencies. Forex market is a decentralized worldwide market. The forex market is open 24 hours a day in different parts of the world.

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