The marking to market in respect of a currency future refers to
A. Putting up for sale specific lot of futures
B. Adjusting the margin money of buyer and seller to reflect the current value of futures
C. Quoting rates for different maturities
D. Allotting futures among different brokers
Answer: Option B
Solution(By Examveda Team)
The marking to market in respect of a currency future refers to adjusting the margin money of buyer and seller to reflect the current value of futures. Currency futures are a exchange-traded futures contract that specify the price in one currency at which another currency can be bought or sold at a future date.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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