Question
The columns and rows of Matrix I are numbered from 0 to
4 and that of Matrix II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column. e.g. βAβ can be represented by 02, 11 etc. and βLβ can be represented by 56, 67 etc. Identify the set for the word BEARD.Solution
B β 59, 65, 76, 87, 98 E β 04, 13, 22, 31, 40 A β 02, 11, 20, 34, 43 R β 03, 12, 21, 30, 44 D Β β 55, 66, 77, 88, 99
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 exchange rate system where the value of a currency is determined by market forces is called a:
An Indian importer buying goods from the USA will be concerned if the Indian Rupee:
The theory that states the exchange rate between two currencies is determined by the relative price levels in the two countries is the:
A firm in India has to pay β¬5 million in 3 months. They expect the rupee to depreciate against the euro. Which of the following hedging tools will bes...
The 'Tom Next' swap in forex markets refers to:
If the direct quote in India is USD/INR = 83.50, what is the indirect quote?
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...
A company revalues its foreign currency receivable at the closing rate on balance sheet date. Under which Ind AS is this required?
ParentCo has a net investment in foreign subsidiary of USD 50m. It borrows USD 30m to hedge part of the net investment. The USD loan is designated as a ...