International Finance - 5

Multiple Choice Multiple Answer
Question
What facilities are proposed by Sodhani Committee for NRIs?
Correct Answer
Housing Loan to NRI staff of Indian Companies, , NRIs be permitted to invest in MMMF
Your Answer
Housing Loan to NRI staff of Indian Companies, , NRIs be permitted to invest in MMMF
Multiple Choice Single Answer
Question
In whose name is the straight bill of lading issued?
Correct Answer
The Consignee
Your Answer
The consignor

Multiple Choice Single Answer
Question
How does ECGC promote export in India?
Correct Answer
By covering risk of exporting on credit
Your Answer
By covering risk of exporting on credit
Multiple Choice Single Answer
Question
Documents which satisfy the statutory requirements of any trade and regulatory aurhotiry are known as:-
Correct Answer
Regulatory Documents
Your Answer
Regulatory Documents
Select The Blank
Question
________ of India has granted line of credit to African countries for financing export of Capital goods.
Correct Answer
EXIM Bank
Your Answer
EXIM Bank
Multiple Choice Multiple Answer
Question
Underwriters are more attracted to NIF issue because of :-
Correct Answer
Lesser risks , Increased returns , Easy marketability features
Your Answer
Lesser risks , Increased returns , Easy marketability features
Multiple Choice Single Answer
Question
Name the single most important factor which may devastate the economic viability of an operation in international trade :-
Correct Answer
Unfavourable fluctuation in the exchange rate
Your Answer
Unfavourable fluctuation in the exchange rate
Multiple Choice Multiple Answer
Question
Which document is used for transportation by air, rail, road, marine?
Correct Answer
Multimodal transport document , Combined Transport document
Your Answer
Multimodal transport document , Combined Transport document
Multiple Choice Single Answer
Question
In which of the funding facilities the repayment period is between 3 to 5 years ?
Correct Answer
C.C.F.F.
Your Answer
C.C.F.F.
Select The Blank
Question
Association of several scheduled commercial banks for forex business is ________.
Correct Answer
Foreign Exchange Dealers Association of India
Your Answer
Foreign Exchange Dealers Association of India
True/False
Question
The credit rating of World Bank is high in the world Capital market because it operates at the debt equity ratio of 1:2
Correct Answer
False
Your Answer
True
Select The Blank
Question
In Overseas market the forward rate is generally quoted on the basis of ________.
Correct Answer
Fixed date
Your Answer
Calendar fortnight
Multiple Choice Single Answer
Question
Proforma Invoice, Commercial Invoice, Consaular Invoice are which type of documents?
Correct Answer
Commercial Documents
Your Answer
Regulatory Documents
Multiple Choice Single Answer
Question
How many terms are there under the class " main carriage unpaid"?
Correct Answer
Three
Your Answer
Two

Multiple Choice Single Answer
Question
Examples of hedge are:
Correct Answer
Buy when you are having short position
Your Answer
Buy when you are having short position
Multiple Choice Single Answer
Question
As per article IV of IMF for fixed exchange rates member countries agreed to
Correct Answer
Change exchange rates only for correcting fundamental disequilibrium in external payments with IMF approval
Your Answer
Change exchange rates only for correcting fundamental disequilibrium in external payments with IMF approval
Multiple Choice Single Answer
Question
As per article IV of IMF for fixed exchange rates member countries agreed to
Correct Answer
Change exchange rates only for correcting fundamental disequilibrium in external payments with IMF approval
Your Answer
Change exchange rates only for correcting fundamental disequilibrium in external payments with IMF approval
Multiple Choice Single Answer
Question
In International trade, Advance payment means :-
Correct Answer
Providing up front cash
Your Answer
Sending documentary credits
Multiple Choice Single Answer
Question
In case of International trade, the role of a banker in case of a bill for collection is that of :-
Correct Answer
Routing the documents of transport along with other documents and apply the proceeds as per instructions
Your Answer
Routing the documents of transport along with other documents and apply the proceeds as per instructions
Match The Following

Question
Correct Answer
Your Answer

European option
On or after maturity


Out of money
Loss
On or after maturity

In the money
Profit
Before maturity

American option
Before maturity


Select The Blank

Question
QA request for additional ________ funds from a customer in a margin call.

Correct Answer
Margin

Your Answer
Liquid

Multiple Choice Multiple Answer

Question
How does RBI control Exports?

Correct Answer
Through Rule like "Full value of Export bills must be realised in 180 days," , Through Rule like " Export must be denominated In a currency of the Importing country or a freely convertible currency"

Your Answer
Through Rule like "Full value of Export bills must be realised in 180 days," , Through Rule like " Export must be denominated In a currency of the Importing country or a freely convertible currency"

Select The Blank

Question
A Bill of exchange payable 45 days from date of shipment, is a means of ________ from seller to the buyer.

Correct Answer
Credit

Your Answer
Credit

Question
The large flow of money internationally was caused primarily by the oil price hikes engineered by ________.

Correct Answer
OPEC countries

Your Answer
OPEC countries

Multiple Choice Single Answer

Question
Who books an option forward contract?

Correct Answer
Party who is not definite about crystallisation of delivery date

Your Answer
Party who is not definite about crystallisation of delivery date

Multiple Choice Multiple Answer

Question
What is a 'speculator'?

Correct Answer
Trader who is neither hedger nor arbitragor , He takes risks for profit

Your Answer
Trader who is neither hedger nor arbitragor , He takes risks for profit

Multiple Choice Single Answer

Question
Who arranges for Insurance and transportation under EXW contract?

Correct Answer
Buyer arranges and pays

Your Answer
Buyer arranges and pays

True/False

Question
Phytosanitary/ Radiation/Fumigation certificates are in the category of Health Certificates

Correct Answer
True

Your Answer
True

True/False

Question
If ERD > IRD hen exporter should availa Rupee finance

Correct Answer
True

Your Answer
False

Select The Blank

Question
In ________ transaction the delivery is postponed from the agreed date.

Correct Answer
Rollover

Your Answer
Forward

Multiple Choice Single Answer

Question
Exchange Rate means

Correct Answer
Value of one currency in terms of another

Your Answer
Value of one currency in terms of another

Match The Following

Question
Correct Answer
Your Answer

Merchant banking
Portfolio management
Highest credit rating

Securitization
Issue of debt in the form of tradeable security
Loans and cash credit against security

Prime borrower
Highest credit rating
Note issuing and underwrting facility

Traditional banking service
Loans and cash credit against security
Issue of debt in the form of tradeable security

Select The Blank

Question
The price at which a person may purchase or sell the underlying ________.

Correct Answer
Exercise or strike price

Your Answer
Coupon

Multiple Choice Single Answer

Question
Who introduced the worlds first exchange traded currency futures?

Correct Answer
Chicago Mercantile Exchange

Your Answer
Bretton woods Agreement

True/False

Question
In UK in london Market the Indirect Quote Method is still adopted.

Correct Answer
True

Your Answer
True

True/False

Question
The Euro Commercial paper is supported by a team-syndicated credit with both sides of the transaction combined into one operation.

Correct Answer
True

Your Answer
False