Question
A firm is importing machinery worth $100,000. The
current spot rate is ₹82/USD and the forward rate for 3 months is ₹83/USD. Which is the better strategy for managing currency risk?Solution
Forward contracts help lock the exchange rate, thus reducing currency risk. Since depreciation of INR is expected (₹83 in 3 months), buying forward fixes cost now.
Who appoints the Chairperson of LIC?
Which of the following best describes the scope of administrative law?
An agreement enforceable by law is a contract is discussed under which section of the Indian Contract Act?
Who is known as the father of analytical (positive) school of jurisprudence?
According to Section 36 of the Specific Relief Act, 1963 preventive relief is granted at the discretion of court by______.
When a Food Safety Officer takes a sample of food for analysis, he shall divide the sample into ……….. parts
Examination by the party who calls the witness is known as?
Under the Protection of Women from Domestic Violence Act, 2005, which of the following statement regarding Protection Officer, is correct?
After dissolution of the firm, goodwill of the firm __.
Communications during marriage are protected under which Section of the Indian Evidence Act, 1872?
