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.
Window : Curtain ::?:?
Based on the numerical analogy given, choose the correct answer from the options given below:
16:56 32:?
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
<...Select the set in which the numbers are not related in the same way as are the numbers of the following set. (NOTE: Operations should be performed on th...
If ‘A’ denotes ‘addition’, ‘B’ denotes ‘multiplication’, ‘C’ denotes ‘subtraction’, and ‘D’ denotes ‘division’, then wha...
Select the option in which the words share the same relationship as that shared by the given pair of words.
Bag : Leather
Select the option in which the numbers are not related in the same way as are the number of the following set.
(12, 21, 84)
Which of the following options should be the next symbol in the series given below?
Select the set in which the numbers are related in the same way as are the numbers of the following set. NOTE: Operations should be performed on the wh...
Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related to...
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