Question
a.
Speculative trading
b.
Facilitation of retail foreign exchange trading
c.
Physical transactions of currencies
d.
Transfer of money across countries at low transaction cost
Posted under IC 89 Management Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What services do Money Transfer Companies offer in the foreign exchange market?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is Purchasing Power Parity (PPP) and when was it popularized?
View solution
Q. What is the focus of Absolute Purchasing Power Parity?
View solution
Q. According to Absolute Purchasing Power Parity, how is the exchange rate (Pxy) calculated?
View solution
Q. What does Relative Purchasing Power Parity state about the relationship between exchange rates and inflation rates?
View solution
Q. What does Relative Purchasing Power Parity acknowledge about markets?
View solution
Q. What organization has devised codes and symbols for currencies to be used in international bank transactions?
View solution
Q. When did the modern foreign exchange market start to develop significantly?
View solution
Q. Who are the main participants in the foreign exchange market?
View solution
Q. What is the foreign exchange market sometimes called due to the active involvement of banks in trading?
View solution
Q. How does the foreign exchange market support international trade and investment?
View solution
Q. What determines the relative values of different currencies in the foreign exchange market?
View solution
Q. What is the status of the Global Foreign Exchange Market Turnover according to the Bank for International Settlements (BIS) in April 2013?
View solution
Q. What are the two main interbank FX trading platforms?
View solution
Q. What instrument was the most actively traded in the foreign exchange market in April 2013, according to the BIS?
View solution
Q. How much did the trading in foreign exchange markets average per day in April 2013, according to the BIS?
View solution
Q. When did the liberalization of the Indian Economy take place?
View solution
Q. What sector in India witnessed substantial growth after the liberalization of the economy in 1991?
View solution
Q. What percentage of foreign currency loans and bonds of Indian firms is usually unhedged?
View solution
Q. Why did the Reserve Bank of India (RBI) ask banks to set aside incremental provisioning and capital requirements for exposures to entities with unhedged foreign currency exposures?
View solution
Q. How can entities with unhedged foreign currency exposures affect the health of the banking system?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
