ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    In the RBIтАЩs circular on hedging foreign exchange

    risk, what is the maximum notional amount for derivative contracts involving INR without requiring underlying exposure?
    A USD 50 million Correct Answer Incorrect Answer
    B USD 75 million Correct Answer Incorrect Answer
    C USD 150 million Correct Answer Incorrect Answer
    D USD 100 million Correct Answer Incorrect Answer
    E USD 200 million Correct Answer Incorrect Answer

    Solution

    As per the circular on "Risk Management and Inter-Bank Dealings," derivative contracts involving INR can go up to USD 100 million without needing underlying exposure.

    Practice Next
    More Alternate Sources of Finance Questions
    ask-question