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True/False
Question
Integrated branches of Commercial banks handle forex transactions as well as options, swaps,
futures, arbitrage operations
Correct Answer
True
Your Answer
True
True/False
Question
JV means Joint venture and WOS means World of Security.
Correct Answer
False
Your Answer
False
True/False
Question
At Least one principal Lender bank is essential for issue of the ADR or GDR.
Correct Answer
False
Your Answer
True
True/False
Question
Till August 1994 India was following the Indirect Methodof Rate quotation.
Correct Answer
False
Your Answer
False
True/False
Question
Cause of increase in cost of public issues Underwriting fees , selling commission
Correct Answer
True
Your Answer
False
True/False
Question
The Option period in the forward contract is at the option of the Banker, hence the bank has to be
very conservative in quoting rates.
Correct Answer
False
Your Answer
True
True/False
Question
In red clause credit some clauses are printed in Red ink.
Correct Answer
True
Your Answer
False
True/False
Question
In developed markets, speculators play important role in determining the trend of currency rates.
Correct Answer
True
Your Answer
True
True/False
Question
The Negotiating bank examines the documents submitted by the seller and makes payment if
they comply the terms and conditions of the LC.
Correct Answer
True
Your Answer
True
True/False
Question
Country risk analysis is a futile exercise in the background of cost of analysis.
Correct Answer
True
Your Answer
False