The following statement with respect to currency option is wrong
A. Call option will be used by exporters
B. Put option gives the buyer the right to sell the foreign currency
C. Foreign currency- Rupee option is available in India
D. An American option can be executed on any day during its currency
Answer: Option A
Solution(By Examveda Team)
Call option will be used by exporters with respect to currency option is wrong. Call options are financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity or other asset or instrument at a specified price within a specific time period.This Question Belongs to Management >> International Finance And Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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