Question
Which of the following bank is not involved in
housing finance to general public?Solution
National Housing Bank, is the apex regulatory body for overall regulation and licensing of housing finance companies in India. It is under the jurisdiction of Ministry of Finance, Government of India. It was set up on 9 July 1988 under the National Housing Bank Act, 1987.
IMF describing India’s FX regime as “crawl-like” rather than purely floating implies ______​
According to the Interest Rate Parity (IRP) theory, if the 1-year risk-free interest rate in India is 10% and the 1-year risk-free interest rate in ...
What is meant by 'Deficit Monetization'?Â
The primary function of the foreign exchange market in an open economy is to:​Â
A SEBI-regulated entity performing cross-border transactions uses a BIC (Business Identifier Code), commonly known as a SWIFT Code. In an 8 or 11-chara...
A SEBI-registered Infrastructure Investment Trust (InvIT) plans to raise funds by issuing Masala Bonds in the London market. Which of the following re...
A company based in the United States is expecting to receive a payment of 10 million euros in next two months. The company is concerned about the fall i...
When a country devalues its currency to improve its trade balance, the J-Curve effect suggests that the trade deficit will initially worsen before i...
The Marshall-Lerner Condition explains the requirement for a currency devaluation to successfully improve a country's trade balance in the long run. A...
An Indian importer observes the following quotes in the interbank market:
- Direct Quote in India:Â 1 USD = â‚ą83.50
