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 sentence, identify the segment which contains the grammatical error.
As a consequently, (1)/ some have suffered (2)/ irreversible damag...
The committee recently deferred the decision followed a report of the International Union for Conservation of Nature.
I am going to a holiday to Pachmarhi tomorrow.
Read the sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. The letter corresponding to that ...
Given below are sentences with an error in each. The error is in one part of the sentence. Below each sentence are given the options containing the par...
Parts of the following sentence are given as options. Identify the segment that contains a grammatical error.
As soon as the super moon had ros...
Each sentence given below has been divided into four options A, B, C, D one of which is erroneous. Identify the erroneous part and mark that option as y...
Neither the students nor the teacher was aware of the new regulations that was announced last week by the administration
Identify the segment that contains a grammatical error. If there is no error, select 'No error'.
Einstein was an unusual child with no indication...
Yesterday, the Principal said that (A)/every students have to submit (B)/ articles for /(C) the school magazine. (D)