caiibmocktest.in

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Question 1 reset

In a perfect market, with no restriction on finance and trade, the interest factor is the basic factor in arriving at the forward rate.

True

False

Question 2 reset

The price of currency can be expressed as

Direct Quote

Indirect Quote

Both the above

Question 3 reset

Direct Quote rates are also called

Home Currency

Price Quotations

Both the above

Question 4 reset

Under indirect Quote:

local currency remains fixed

number of units of foreign currency varies

both the above

Question 5 reset

The buying rates and selling rates are referred to as Bid & Offered rate.

True

False

Question 6 reset

The payments made in same day, so that no gain or loss of interest accrues to either party is called as Valuer Compense.

True

False

Question 7 reset

Arbitrage consist in the simultaneous buying and selling of a commodity in two or more markets to take advantage of temporary discrepancies in prices.

True

False

Question 8 reset

A transaction conducted between two centers only is known as

simple arbitrage

direct arbitrage

both the above

Question 9 reset

Where additional centers are involved, the operation is known as compound or Three (or more) point arbitrage.

True

False

Question 10 reset

Forex Operations are divided into

Forex Dealer

Back Office

Mid Office

All the above

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