Price of _________currency in terms of national currency.
A) Home
B) Foreign
C) National
D) Direct Rate
Correct Answer:
Verified
Q13: _ is widely used by Government for
Q14: Under gold standard system, countries gold reserves
Q15: _ is also known as price quotation.
A)Direct
Q16: _ is also known as price Quantity
Q17: _ is todays quote.
A)Spot Quote
B)Forward Quote
C)Inter Bank
Q18: _ is also known as Bid office
Q19: _ is also known as reference rate.
A)Interbank
Q21: US Dollar serves as a _ Currency.
A)Vehicle
B)Foreign
C)National
D)Forex
Q22: Bid rate is lesser than _ rate.
A)Inverse
B)Ask
C)Cross
D)Foreign
Q23: If two banks are quoting the following
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