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.
If a meaningful four-letter English word is formed by using the 2nd, 5th, 6th and 10th letter (from the left end) of the word ‘COMPONENTS’ then whic...
If all the digits of the number '65735824843' are written in increasing order from the left end, then what is the sum of third digit from the right end ...
Select the correct mirror image of the given word when the mirror is placed along MN.
In which direction is point D with respect to point H?
Select the option that is related to the third term in the same way as the second term is related to the first term and the sixth term is related to the...
Introducing a girl, a boy said "Her father is the only son of my mother". How is the girl related to the boy?
How many such pairs of letters are there in the word RECESSION each of which has as many letters between them in the word as in the English alphabet? (I...
In the given question, three of them are alike and one is different. Identify the odd one out
Earth , Planet, Mercury
Statements:
No mothers are father.
Some father is son.
Only a few son is daughter.
Only a few daughters is child.
...
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