Top 250+ Solved International Finance MCQ Questions Answer
Q. An account which is held within a domestic country by a foreign bank, in the currency of domestic country _________________
a. Loro
b. Nostro
c. Vostro
d. SWIFT
Q. Spot rate is also called as ________________
a. Future Price
b. Forward Price
c. Swap Price
d. Current Market Price
Q. Inverse quote for “1GBP = 99.1100/9900 INR is INR GBP____________
a. 0.0101/0.0100
b. 0.0100/0.0105
c. 0.0105/0.0100
d. 0.0100/0.0101
Q. If USD SGD 1.5423/33; SGD GBP 0.3323/33; GBP USD quotation is__________________
a. 1.9512/444
b. 1.9441/512
c. 1.9444/512
d. 1.9512/441
Q. Inverse quote for USD / DKK 5.7935 – 5.8085 is _________________
a. DKK /USD 0.1722-0.1726
b. USD / DKK 0.1722-0.1726
c. DKK / USD 0.1726-0.1722
d. USD / DKK 0.1726-0.1722
Q. Holgate principle, if bid > Ask, Swap points for forward rate are to be_________
a. Added
b. Subtracted
c. Multiplied
d. Divided
Q. _________ is the smallest unit by which a currency quotation can change.
a. PIP
b. Bid
c. Ask
d. Spread
Q. _________ deal in currencies to benefit from movements in currency exchangemarkets.
a. Arbitrageurs
b. Hedgers
c. Speculators
d. Spread
Q. Currently the largest foreign exchange market in the world is ____________-.
a. New York
b. Tokyo
c. Frankfurt
d. London
Q. __________ is real time gross settlement funds transfer system operated by the Unitedstates Federal reserve banks.
a. Swift
b. Chips
c. Chaps
d. Fedwire
Q. Spot used INR 60- and six-months forward is USD INR 61.AFM is ____________
a. 3.33%
b. 1.13%
c. 2.33%
d. 4.33%
Q. SWIFT stands for ____________
a. System of World Interbank Financial Transportation
b. Society wide interest & financial telecommunications
c. Society for worldwide interbank Financial transportation
d. Society for Worldwide interbank Financial Tr