On what basis currency value depends?

On what basis currency value depends? Correct Answer All of the above

In economy, the currency value depends on imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices.

Bissoy MCQ

Related Questions

Which of the following statement is correct?
Statement I In currency quotation, the first currency is the base Currency and the second currency is known as the quoted currency.
Statement II A currency pair is generally represented by using a hyphen or an oblique.
Which of the following option is correct?
Statement I Direct quote is when the foreign currency remains fixed and the home currency keeps on varying.
Statement II Quotations in direct quote are the ones that represent the value of a foreign currency in rupees (number of rupees per currency) are denoted as direct quotations.
Which of the following statement is true?
Statement I Cross rate represents when one unit of foreign currency is represented in the terms of another foreign currency.
Statement II Cross rates are determined only with the help of domestic currency and the foreign currency.
The given statements are related to financial derivatives. Choose the correct answer for the statements being correct or incorrect.
Statement I A speculator will gain, if he sells foreign currency under a forward contract, when the spot price is higher than the forward price.
Statement II In currency futures, intra currency spread exists when a speculator buys/sells the same currency for two delivery dates.
For _________ currency conversions, the pivot currency and reporting currency are the same.
In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement I: Some notes are coins Statement II: All notes are currency Conclusion I: No coins are currency Conclusion II: Some currency are coins
Exchange rate between currency A and currency B, given the values of currencies A and B with respect to a third currency is known as
Which of the following statements are not correct in relation to pre-shipment credit in foreign currency?
Statement I It is a foreign currency loan available, both, to the importers and exporters.
Statement II It is self-liquidating in nature and can be liquidated by purchasing/discounting of bills.
Statement III Refinance from RBI is available to banks against pre-shipment credit in foreign currency.
Statement IV The interest rare shall not exceed 1.75% above six months, LIBOR for the initial period of one month.
In a laboratory test run, the rate of drying was found to be 0.5 × 10-3 kg/m2.s, when the moisture content reduced from 0.4 to 0.1 on dry basis. The critical moisture content of the material is 0.08 on a dry basis. A tray dryer is used to dry 100 kg (dry basis) of the same material under identical conditions. The surface area of the material is 0.04 m2/kg of dry solid. The time required (in seconds) to reduce the moisture content of the solids from 0.3 to 0.2 (dry basis) is
Which of the following statements are correct?
1. FUnction is the basis of departmentalisation.
2. Product is one of the basis of departmentalisation.
3. Territory is the basis of deparmentation.
4. Authority is the basis of departmentation.