Question
When was the Constitution
adopted?ÂSolution
The Constitution was adopted by the Constituent Assembly on 26th November 1949 and came into effect on 26th January 1950.[Constitution of India]
It is essential to standardize the accounting principles and policies in order to ensure
The 'Tom Next' swap in forex markets refers to:
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...
If USD/INR = 83.00 and GBP/USD = 1.25, what is the GBP/INR cross rate?
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...
Beta Ltd., an Indian company, operates a 100% subsidiary in the UAE. The subsidiary manufactures and sells products only in the Gulf region, incurs cost...
The risk of loss due to adverse changes in exchange rates is known as:
If the direct quote in India is USD/INR = 83.50, what is the indirect quote?
The theory that states the exchange rate between two currencies is determined by the relative price levels in the two countries is the:
The difference between the buying and selling rates quoted by a dealer is called:
