N. S. Toor Solutions for Chapter: Foreign Exchange Operations, Exercise 12: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS

Author:N. S. Toor

N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Foreign Exchange Operations, Exercise 12: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS

Attempt the practice questions on Chapter 5: Foreign Exchange Operations, Exercise 12: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS with hints and solutions to strengthen your understanding. Hand Book Of Banking Information solutions are prepared by Experienced Embibe Experts.

Questions from N. S. Toor Solutions for Chapter: Foreign Exchange Operations, Exercise 12: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

State Bank opens a current account with Bank of America in Los Angles for its day to day business transactions, in US dollars. Which of the following kinds of accounts, it will be known as SBI?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following defines a foreign exchange forward contract rate better?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which among the following is the minimum holding (investment in paid-up capital) criteria in terms of capital for treating a company, partnership firm, society or any other corporate body as Overseas Corporate Body:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Nostro account mean:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

In case of interest swaps, where the fixed interest rates are swapped with floating interest rates, these are called:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Dollar has shown an increase in its value compared to Indian rupee. Which of the following would be true?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Out of the following, which accounts are called 'our account with you':

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Directions: In this question, a sentence is given with blanks to be filled in with appropriate words. Select the correct alternatives from the options given.

Whenever there is a short position (i.e. oversold position), the bank can _____ due to _____ in rates of foreign currency.