Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Studies Foundation of Business Fundamentals of Business
Given below are two statements :
Statement (I): Economic exposure refers to the change in the value of firm caused by unexpected changes in the exchange rate.
Statement (II): Transaction exposure refers to long term cash flow exposure.
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct