can authorize a person/company to deal in foreign exchange.

Related MCQs

• ____________ can authorize a person / company to deal in foreign exchange.
• When a company has receipts & payments in the same foreign currency due at the same time, it can use technique of managing foreign exchange risk.
• RBI has granted license to certain established firms, hotels and other organizations permitting them to deal in foreign currency notes, coins and travelers’ cheques. They are termed as ___________
• _________ deal in currencies to benefit from movements in currency exchange markets.
•                      is not a type of foreign exchange risk.
• All are methods of Internally managing foreign exchange risk except, .
• In the foreign exchange market, the _______________ of one country is traded for the ________________of another country.
• Currently the largest foreign exchange market in the world is ____________-.
• Under Exchange rate system, there is no interference of monetary authorities to decide exchange rate.
• __________ is a standardized contract to exchange one currency for another at a special date in the future at a price (exchange rate) that is fixed on the purchase date.