The Rate at which the domestic currency can be converted into foreign currency and vice versa is called as               

Related MCQs

• The Rate at which the domestic currency can be converted into foreign currency and viceversa is known as the          
• term refers an account that cannot be converted and repatriated into foreign currency.
• Whenever somebody needs foreign currency against Indian Rupee, banks give equivalent amount of desired currency based on prevalent
• When the conversion rate of our currency goes high in compared to other currency , it is known as-
• Foreign Currency which has a tendency of quick migration is called-
• Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up ‗Base rate‘ for banks?
• Base Rate is the rate below which no Bank can allow their lending to anyone. Who will fix this ‗Base Rate‘ for Banks?
• Deposits under Foreign Currency Non- Resident(FCNR) scheme can be accepted for a minimum of                
• In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms.What is full form of ―LLP‖ as used in this reference?
• Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of .