MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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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?

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Important Questions on Foreign Exchange Operations

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 2
Which of the following defines a foreign exchange forward contract rate better?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 3
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
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 4
Nostro account mean:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 5
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
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 6
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
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 7
Out of the following, which accounts are called 'our account with you':
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 8
Which accounts are called 'your account with us'?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 9
Vostro accounts mean: