Question
What will be the exchange gain/loss on USD Forward Sale
contract booked at 85.12, and cancelled on maturity at 84.30 INR/USD?Solution
A currency forward is a binding contract in the foreign exchange market that locks in the exchange rate for the purchase or sale of a currency on a future date. Book rate = 85.12/USD on maturity got 84.30/USD Loss = 85.12-84.3 = 0.82 INR/USD.
Which of the following will be definitely true if the given expression L > M ≥ N > O ≥ P > Q = S ≤ T > R ≤ U is definitely not true?
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...
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...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then...
Statements: M ≤ N = O ≤ P; P = Q ≤ U; R > N = U
Conclusions:
I. R > O
II. U ≥ M
Statements: K > L ≥ M > N, N < O < P = J
Conclusion:
 I. K ≥ O
II. P > L
III. L > J
Statements: I < P = S ≥ O > W < E≤ G ≥ A
Conclusion
I: O ≤ P
II: G > O
Statements: X ≥ Y= Z ≤ A, K < A ≤ M < W
Conclusion:
 I. M = Y
II. M > Y
III. K ≤ Y
Statements: H ≥ R, T < L, R ≥ T, L < N > I
Conclusion:
I. R > I
II. N ≥ T
In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
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