Question
"EX KHAAN QUEST – 2022” is a Multinational
military exercise which was recently held in_____?Solution
The Multinational Peacekeeping Exercise “ Ex Khaan Quest -2022” culminated at the Peace Support Operations Training Centre in Ulaanbaatar at Mongolia. The exercise conducted from 06 June to 20 June 2022 provided a platform for mutual learning and sharing best practices amongst the armies from 16 Nations. About Mongolia Capital: Ulaanbaatar Currency: Mongolian tögrög President: Ukhnaagiin Khürelsükh
A foreign subsidiary reports its accounts in USD. On consolidation, the holding company translates the figures into INR. Which rate should be used for i...
An Indian exporter receives a payment of USD 50,000 when the exchange rate is ₹83/USD. At the year-end, the rate drops to ₹80/USD and the amount is ...
A company revalues its foreign currency receivable at the closing rate on balance sheet date. Under which Ind AS is this required?
It is essential to standardize the accounting principles and policies in order to ensure
An importer based in India has a large payment to make in EUR after 2 months. To reduce exchange rate risk, the firm buys a European Call Option with a ...
An Indian company receives a large export order payable in USD after 6 months. The management fears rupee appreciation in this period. To hedge the risk...
A firm in India has to pay €5 million in 3 months. They expect the rupee to depreciate against the euro. Which of the following hedging tools will bes...