Question
Which policy determines the free conversion of
domestic currency with international currencies? ÂSolution
Capital account convertibility (CAC) means the freedom to convert local financial assets into foreign financial assets and vice versa at market determined rates of exchange. This implies that Capital Account Convertibility allows anyone to freely move from local currency into foreign currency and back. Current account convertibility allows free inflows and outflows for all purposes other than for capital purposes such as investments and loans.
A measure of how the returns of two risky assets move in relation to each other is the:
Which of the following is not a derivative?
A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return is 8%. Calculate the value of the preferred stock...
Which of the following is not an objective of a forward contract?
The RBI uses the PCA framework to keep track of banks with poor financial performance, this framework was introduced in:
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Which of the following measures the time decay on option premium?
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