Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business
The statements relate to International Financial Environment. Denote the code of the statements being correct or incorrect.
Statement (I): Foreign exchange risk denotes the variance of domestic currency value of assets, liabilities, or operating income attributable to anticipated changes in exchange rates.
Statement (II): Foreign exchange exposures denote the sensitivity of the real value of assets, liabilities and operating income to unanticipated changes in exchange rates expressed in its functional currency.
Code:
1
Both the statements are correct.
2
Both the statements are incorrect.
3
Statement (I) is correct while Statement (II) is incorrect.
4
Statement (I) is incorrect while Statement (II) is correct.