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Question 1 reset
In OTC currency market, settlement date is also called as value date.
Question 2 reset
In OTC currency market, value date is different from trade date.
Question 3 reset
The settlement of the transaction, when counterparties actually exchange currency, is called as value date.
Question 4 reset
The most important value date is the “spot” value date, which is settlement after ________ business days.
Question 5 reset
Any settlement date after spot value date is called “forward” value dates.
Question 6 reset
The forward market can extend up to ________ .
Question 7 reset
According to RBI guidelines, any resident Indian desiring to book a forward contract should have an underlying trade contract.
Question 8 reset
The market participant is expected to submit the trade contract to bank within ________ days of booking the forward contract.
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.
Question 10 reset
In India, the Index of Industrial Production (IIP) numbers are reported using ________ as the base year for comparison.

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