According to biannual report of the Department of Treasury, US Department of Treasury removed which of the following European country from its Currency Monitoring List?
The US Department of Treasury removed India along with Italy, Mexico, Thailand and Vietnam from its Currency Monitoring List. China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan are the seven economies that are a part of the current monitoring list according to it’s biannual report of the Department of Treasury. The countries that have been removed from the list have met only one out of three criteria for two consecutive reports. United States Department of the Treasury Headquarters: Washington DC Secretary of the Treasury: Janet Yellen Currency Monitoring List- Putting a country under the Currency Monitoring List would mean that the country is artificially lowering the value of its currency to gain an unfair advantage over others. This is because the lower value of the currency will lead to a reduction of the export costs from that country. The US Department of Treasury releases a semi-annual report in which it tracks global economic developments and reviews foreign exchange rates. It also reviews the currency practices of the US’ 20 biggest trading partners.
The cost of an asset on 01-01-2002 is 5,00,000 and its life is 10 years with salvage value is zero. If it is sold on 31-12-2008 for 50,000 than calculat...
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
Reena is the regional manager for a clothing retailer.She attends a ribbon cutting ceremony every time a new store opens for bussiness. Which one of Min...
If income increase, the investment will ______
Find the incorrect option regarding the elasticity of commodities?
The price of the contract is Rs 120. The initial margin is 40 % and maintenance margin is 25%. At what price the margin call will be initiated if perso...
What is the Full form of FIMMDA?
Weighted average Cost of capital for Lavi Ltd. is 12%. Lavi Ltd. has issued equity worth Rs. 45 lakhs, 5% debt worth Rs. 15 lakhs and 6% preference sha...
Which of the following methods is not a method of quantitative control by RBI?
A company had EBIT of Rs.3,70,000. The interest expense was Rs.45,000. The tax rate is 30%. The company paid Rs.31,000 dividend. What is the retention ...