Classical

Advanced Questions - Section 3

36:  

Which of the following is true for mutual funds in India?

A.

Exit load is not allowed

B.

Entry load is allowed

C.

Entry load is not allowed

D.

Exit load allowed is some cases

 
 

Option: D

Explanation :


37:  

If the spot rate of $ in Mumbai is Rs. 45.50 and 1 month forward rate is Rs. 45.65, then which is correct for forward market?

A.

That $ is at premium

B.

That $ is at discount

C.

Rupee is at premium

D.

None of the above

 
 

Option: A

Explanation :


38:  

The strongest political pressure for a trade policy that results in higher protectionism comes from

A.

domestic workers lobbying for import restrictions

B.

domestic workers lobbying for export restrictions

C.

domestic consumers lobbying for export restrictions

D.

domestic consumers lobbying for import restrictions

 
 

Option: A

Explanation :


39:  

Under the EU's Common Agricultural Policy, a variable import levy equals the

A.

amount by which the EU's support price exceeds the world price

B.

amount by which the world price exceeds the EU's support price

C.

support price of the EU

D.

world price

 
 

Option: A

Explanation :


40:  

Forward exchange rate is the rate of exchange between two currencies

A.

prevailing today for future delivery

B.

would prevail at a future date

C.

prevailing today for immediate delivery

D.

None of the above

 
 

Option: A

Explanation :




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