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Foreign Currency Markets Quiz 3 (25 MCQs)

Quiz Instructions:

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1. The following countries uses dollar as currency except
2. EUR / USD = 1.35052 The second number 5 in 1.35052? is called
3. The purpose of the _____ is to oversee the functioning of the international monetary system.
4. Contract Lot Sizes:The standard lot has a value of _____ ?
5. Majority of retail forex trading happens in
6. Borrows one currency where interest rates are low and invests these in another currency where interest rates are high
7. Spot market is a market for spot rate and spot date. When is the exact of spot date?
8. Exchange rate is the price of a currency expressed in terms of:
9. The demand for a currency in a foreign exchange market arises from the demand for the country's goods, services, and financial assets and shows the _____ relationship between the exchange rate and the quantity demanded of a currency
10. When the RBI intervenes to maintain a desirable exchange rate, it is termed as _____
11. Which of the following is NOT the money market instruments?
12. Another word for stocks and shares is _____
13. The word that describe something that is easy to sell is _____
14. How would China react to a depreciation of its own currency (the yuan)?
15. Money market securities have all the following characteristics EXCEPT they are not _____ .
16. The _____ states that exchange rates between any two currencies will adjust to reflect changes in the price levels of the two countries.
17. Managed floating system is
18. All of the following are Qualities of Forex Trading Except
19. The thing that belongs to one's own country is _____
20. Foreign Exchange rates in India are determined by:
21. The volume of foreign currency transactions is 30 _____
22. Spot Market deals in
23. Pegging down of national currency is known as
24. When an overseas banking operation is incorporated within the parent bank, what is it called?
25. Contract Lot Sizes:The standard unit of a standard lot has a value of _____ ?
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