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This question belongs to Management International Finance And Treasury

International Finance and Treasury

?

Which of the following statement is true?
1. Rs. 63/USD is direct quote in India.
2. Rs. 63/USD is direct quote in USA.
3. 1 Rupee = 0.0158 dollars is indirect quote in India.
4. 1 Rupee = 0.0158 dollars in indirect quote in USA

A) Both 1 and 2 B) Both 2 and 3 C) Both 1 and 3 D) Both 2 and 4

Answer & Solution

Correct Answer: Option C

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Question posted by Examveda

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