Symbiosis International Education Centre 2007 Post Graduate Diploma International Finance - Test 1- - Question Paper

Your ans Special drawing right

choose The Blank
ques. During the fixed rate exchange system prevailing in India, the intervention currency was ________.
accurate ans Sterling Pound
Your ans USDollar

True/False
ques. Resident Individuals in India can acquire foreign bonus shares on the foreign securities already held by them without prior approval of RBI
accurate ans True
Your ans False

Multiple option Multiple ans
ques. These are the parties to the documentary credit :-
accurate ans Negotiating Bank, advising bank , Reimbursing bank, Confirming bank
Your ans Negotiating Bank, advising bank , Reimbursing bank, Confirming bank

Multiple option Multiple ans
ques. What are the functions of International Finance Corporation?
accurate ans Help private enterprise by financing projects , give tech. assistance to private enterprise
Your ans Help private enterprise by financing projects , give tech. assistance to private enterprise

True/False
ques. Both futures and choices are traded on a public exchange.
accurate ans False
Your ans False

Multiple option Single ans
ques. "Currency Snake"
accurate ans Plus or minus movement of exchange rate around the parity rate
Your ans Plus or minus movement of exchange rate around the parity rate

choose The Blank
ques. "Flip-Flop', 'Mini-Max', 'Capped' 'Perpetual' are the different kinds of ________.
accurate ans Floating Rate Note (FRN)
Your ans Floating Rate Note (FRN)

Multiple option Single ans
ques. With whom can an exporter or importer book the forward contract?
accurate ans Authorised dealer/Authorised person
Your ans Authorised dealer/Authorised person

True/False
ques. An Indian exporting goods to New York receives dollars in New York.
accurate ans True
Your ans False

Multiple option Multiple ans
ques. Internationally only those currencies are in demand
accurate ans Which are convertible , Which have liquidity confirmed in Euro market operations
Your ans Which have liquidity confirmed in Euro market operations , Which are convertible

Multiple option Single ans
ques. What Preshipment facility is granted by EXIM Bank to an exporter?
accurate ans Preshipment credit beyond 6 months for construction and turnkey projects abroad
Your ans Preshipment credit beyond 6 months for construction and turnkey projects abroad

Earning:   Approval pending.