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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 EU country has not adopted 'Euro' as its domestic currency?
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.
If the proposition ‘domestic animals are hardly ferocious’ is taken to be false, which of the following proposition/propositions can be claimed to be certainly true? Select the correct code: (a) All domestic animals are ferocious. (b) Most of the domestic animals are ferocious. (c) No domestic animal is ferocious. (d) Some domestic animals are non-ferocious.
If the proposition ‘domestic animals are hardly ferocious’ is taken to be false, which of the following proposition/propositions can be claimed to be certainly true ? Select the correct code : Propositions : (a) All domestic animals are ferocious. (b) Most of the domestic animals are ferocious. (c) No domestic animal is ferocious. (d) Some domestic animals are non-ferocious.
If Yen is called Shilling, Shilling is called Won, Won is called Ringgit, Ringgit is called Dirham, Dirham is called Rupee, Rupee is called Euro, Euro is called Rouble. Based on this what is the currency of Kenya? 
Which of the following countries has recently adopted the Euro as its currency?
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.
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.
Consider the following statements : The effect of devaluation of a currency is that it necessarily 1. improves the competitiveness of the domestic exports in the foreign markets 2. increase the foreign value of domestic currency 3. improves the trade balance Which of the above statements is/are correct?