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WorksheetsYes Bank_LU1_fex
Total questions: 10
Worksheet time: 3mins
Timings of Forex market is
24 hours
6 hours
12 hours
9 hours
Bank branches are divided in to how many categories?
4
3
2
1
which category of the offic/branch will be maintaining Nostro account?
C category
B category
D catogory
A category
Scheduled Commercial Banks are as per FEMA 1999 licensed as....
AD category I
AD category II
AD Category III
AD Category IV
Balance of Trade is the difference between ..
Inward remittance+Export-Outward Remittance+Import
Export -Import
Outward Remittance-Inward Remittance
Inward Remittance -Outward Reittance
Exporter submitted the sight bill for availing finance. What is this transaction ?
Selling
discounting
purchasing
negotiating
What you mean by Bid Rate?
the rate at which bank would like to purchase foreign currency from the market
the rate which bank like to sell the foreign currency from the market
The rate which bank like to purchase forward foreign currency
the rate at which bank like to sell forward foreign currency
the difference between buying and selling rate is called as....
cushion
spread
margin
All of these
What is the limit under LRS scheme?
USD125000 or its equivalent
USD75000 or its equivalent
USD 250000 or its equivalent
USD100000 or its equivalent
Foreign exchange is defined in which section of RBI FEMA 1999?
Sec 3 n
Sec 2 n
Sec 6 n
Sec 10 n
