Question
In the revised instructions on foreign exchange risk
hedging, what is the maximum exposure a user is allowed to take across all recognized stock exchanges without having to establish an underlying exposure?Solution
The circular "Risk Management and Inter-Bank Dealings – Hedging of Foreign Exchange Risk" allows users to take positions up to USD 100 million across all exchanges without needing to establish an underlying exposure.
Be glad to see the back of
Leaps and bounds
Select the most appropriate meaning of the given idiom.
To breathe one’s last
Select the most appropriate meaning of the bold idiom.
Despite repeated minor infractions, the regulator decided it was time to put its foot down...
In the following question, four alternatives are given for the Idiom/Phrase given in bold in the sentence. Choose the alternative which best expresses ...
In each of the following questions, a sentence is given with an idiom/phrase in bold. Choose the option that best expresses the meaning of the idiom. <...
Select the most appropriate meaning of the given idiom.
Hold your horses
The bee’s knees
When it comes to solving this problem, we need to think outside the box to find a creative solution.
In the following question, three statements have been given, and a phrase/idiom has been highlighted in each of them. Identify the statement(s) in whic...