Hard Currency is defined as currency:

Related MCQs

• Amongst the currency quotes USD/JPY, USD/Euro and USD/CAD, which one of the following is referred as the base currency for quotes? [Punjab & Sindh Bank 2011]
• Consider the following statements: Full convertibility of the rupee may mean: [IAS 2002] 1. its free float with other international currencies. 2. its direct exchange with any other international currency at any prescribed place inside and outside the country. 3. it acts just like any other international currency. Which of these statements are correct?
• One-rupee currency notes bear the signature of:
• When was the decimal system of currency introduced in India?
• Which of the following prints currency notes of the denomination of Rs. 100?
• The highest denomination of currency notes in circulation as legal tender in India is at present:
• The special paper required for printing of currency notes by the Security Presses In the country is manufactured at :
• For international payments, the Indian currency is linked to :
• Devaluation of currency by a country is meant to lead to : 1. expansion of import trade 2. promotion of import substitution 3. expansion of export trade
• Consider the following statement: The price of any currency in international market is determined by the: 1. WTO 2. Demand for goods/services provided by the country concerned 3. Inflation differential between the country concerned and its major trading partners 4. Stability of the government of the concerned country Of these statements: