Question
Which global observance is celebrated annually on 22nd
September to raise awareness about rhino conservation?ÂSolution
World Rhino Day is observed every year on 22nd September to spread awareness about the urgent need to conserve rhinos. First declared by WWF-South Africa in 2010, it gained global recognition in 2011. It emphasizes the threats rhinos face and the importance of global conservation responsibilityÂ
A company imports machinery payable in USD after 6 months. If the liability remains unpaid at year-end and the exchange rate has increased, how should t...
If USD/INR = 83.00 and GBP/USD = 1.25, what is the GBP/INR cross rate?
The 'Tom Next' swap in forex markets refers to:
In the forex market, the 'bid rate' refers to:
If the direct quote in India is USD/INR = 83.50, what is the indirect quote?
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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 ...
The exchange rate system where the value of a currency is determined by market forces is called a:
The exchange rate system where the value of a currency is pegged to another major currency or basket of currencies is called:
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