nismmocktest.in

Question 1 reset

In OTC currency market, settlement date is also called as value date.

True

False

Question 2 reset

In OTC currency market, value date is different from trade date.

True

False

Question 3 reset

The settlement of the transaction, when counterparties actually exchange currency, is called as value date.

True

False

Question 4 reset

The most important value date is the “spot” value date, which is settlement after ________ business days.

2

3

4

5

Question 5 reset

Any settlement date after spot value date is called “forward” value dates.

True

False

Question 6 reset

The forward market can extend up to ________ .

1 year

2 years

3 years

4 years

Question 7 reset

According to RBI guidelines, any resident Indian desiring to book a forward contract should have an underlying trade contract.

True

False

Question 8 reset

The market participant is expected to submit the trade contract to bank within ________ days of booking the forward contract.

10

15

20

30

Question 9 reset

Gross Domestic Product (GDP) represents the total market value of all goods and services produced in a country during a given year.

True

False

Question 10 reset

In India, the Index of Industrial Production (IIP) numbers are reported using ________ as the base year for comparison.

2011- 12

2012- 13

2013- 14

2014- 15

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