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.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements: F @ R, R $ J, V % J, V # Z
Conclusions: I. F * V       II. R * V                              �...
In the question, assuming the given statements to be true, find which of the following conclusion(s) among the two conclusions is/are true and then giv...
Statements: R ≥ J > V= A > S ≤ P > G < H
Conclusions: I. R > PÂ Â Â II. H < J
Answer the questions based on the information given below.
A & B means A is greater than B
A * B means A is not greater than B
A ...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and ...
In the question, relationship between some elements is shown in the statements. These statements are followed by three conclusions. Read the statement...
Statements: Â P > Q > R > S > T < U < V < W < X
Conclusion:
I. Â P > T
II. Â U < X
...Statements: J @ K, K $ L, L & M, M % N
Conclusions: I. K @ MÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. N & J
...In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
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