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Give the maning of , (i) Foreign Exchan...

Give the maning of , (i) Foreign Exchange , (ii) Foreign Exchange Rate , (iii) Foreign Exchange Market.

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Knowledge Check

  • Foreign exchange rate is determined by:

    A
    demand for foreign exchange
    B
    supply of foreign exchange
    C
    both a and b
    D
    neither a nor b

  • Foreign exchange is a stock of

    A
    foreign currencies
    B
    securities issued by foreign corporates
    C
    bonds issued by foreign corporates
    D
    all of these

  • Foreign exchange market constitutes

    A
    central bank
    B
    brokers
    C
    commercial banks
    D
    all of these

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