Get Started with ixamBee
Start learning 50% faster. Sign in now
A currency forward is a binding contract in the foreign exchange market that locks in the exchange rate for the purchase or sale of a currency on a future date. Book rate = 85.12/USD on maturity got 84.30/USD Loss = 85.12-84.3 = 0.82 INR/USD.
A company proposes to introduce a new product in the market. The company wants to maintain the P/V Ratio at 35%. If the variable cost of the product is ...
Which among the following is NOT a constituent of Tier-II capital of banks according to BASEL Accord?
What is the purpose of a 'quality circle'?
Which of the following committee oversees the credit/counterparty risk and country risk in a bank?
Which of the following is not true about NBFCs?
What is the new INR Swap Window support included in the SAARC Currency Swap Framework for 2024-2027?
Cost or expenses must be recorded at the same time as the revenue to which they correspond is specified by which principle?
What is the main criterion for classifying a loan as a Non-Performing Asset (NPA)?
According to the Union Budget 2023-24, consider the following statements.
1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomesâ...
Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
