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Daily MCQs Series - 49 (in Hindi)
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Talvir Singh is teaching live on Unacademy Plus

Talvir Singh
JRF Qualified | Motivational Speaker | Comedy Addict | Lyricist | 5 Year Teaching Experience |Youtuber | Unacademy Top Educator

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  1. NTA NET 2018 60 DAYS MCQ SERIES COMMERCE BY - TALVIR SINGH


  2. ABOUT ME M.Com & MBA From PU CHANDIGARH JRF QUALIFIED IN COMMERCE WORKING AS ASSISTANT PROFESSOR 2 TIMES UNIVERSITY COLOR HOLDER BEST DEBATER OF PUNJAB (2017) BEST POET OF PU CHANDIGARH (2016) COMEDY ADDICT FREELANCE MOTIVATIONAL SPEAKER YOUTUBER unacademy


  3. MCQ SERIES 49


  4. 61. A foreign exchange rate A. is the par value . B. is an exchange rate which does not fluctuate . C. can involve a single currency D. is the price of one currency expressed in terms of another currency . E. fluctuates according to market forces


  5. 62. A fixed exchange rate . A. is an exchange rate which does not fluctuate or which changes within a predetermined band B. will have a par value C. requires central banks to absorb currency surpluses and eliminate currency deficiencies . D. B and C . E. all of the above


  6. 63. A currency devaluation is A. an official increase in the value of a currency by the government of that currency B. a rise in the value of a currency against other currencies under a floating system C. a decrease in the value of a currency against other currencies under a floating system D. an official reduction in the par value of a currency under a fixed rate system E. a currency board ' .


  7. 64. The foreign exchange market is referred to as a market where one country's currency is exchanged for another currency. The currency exchange is usually made through the following methods. A. buyers and sellers of foreign exchange meet at a physical location B. buyers and sellers of foreign exchange meet through a telephone network C. buyers and sellers of foreign exchange meet through computer communications .D. A and B .E. B and C


  8. 65. Which of the following is not a function of a commercial bank in the foreign exchange market? A. they operate the payment mechanism . B. they determine exchange rates . C. they extend credit . D. they help reduce foreign exchange risk . E they buy and sell foreign exchange


  9. 66. Which of the following is not a characteristic of speculation . A. profit motive B. exchange rate fluctuation . C. hedging . D. risk taking E. deliberate uncovered position