Match List - I with List - II.

LIST - I

LIST - II

(A)

Arbitrage

(I)

refers to when an invester accepts and seeks Foreign exchange risk

(B)

Hedging

(II)

refers to a time when foreign exchange shifts, causing the spot rate to vary frequently

(C)

Speculation

(III)

refers to purchase of currency in monetary center where it is cheaper

(D)

Foreign exchange risk

(IV)

refers to avoidance of foreign exchange risk


Choose the correct answer from the options given below: 

1
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
2
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
3
(A) - (I), (B) - (III), (C) - (IV), (D) - (II) 
4
(A) - (I), (B) - (IV), (C) - (III), (D) - (II)

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