Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test Business Studies Finance and Trade International Trade
An Indian software company having a subsidiary in the US borrows at 4% in US. If the US dollar is expected to appreciate by 2%, what is the effective rate of interest for the Indian software company ?
1
2%
2
4%
3
6%
4
More than one of the above
5
None of the above