Question
According to the Bharatiya Nyaya Sanhitawhat is the
punishment for possessing a counterfeit seal, plate, or instrument with the intent to commit forgery?Solution
Imprisonment for a term which may extend to 3 years, and a fine, Explanation: Section 341 Making or possessing counterfeit seal, etc., with intent to commit forgery punishable under section 338: (3) Whoever possesses any seal, plate or other instrument knowing the same to be counterfeit, shall be punished with imprisonment of either description for a term which may extend to three years, and shall also be liable to fine.
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...
The theory that states the exchange rate between two currencies is determined by the relative price levels in the two countries is the:
If the direct quote in India is USD/INR = 83.50, what is the indirect quote?
The exchange rate system where the value of a currency is pegged to another major currency or basket of currencies is called:
The risk of loss due to adverse changes in exchange rates is known as:
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 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 ...
The difference between the buying and selling rates quoted by a dealer is called:
Covered Interest Arbitrage involves:
The exchange rate system where the value of a currency is determined by market forces is called a:
