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NMIMS – International Finance
International Finance
- How FCNR (B) can be termed as a Crucial* Account for NRI while Transferring any Amount of Sum to their relatives / Family members in India? Elaborate the views (10 Marks)
- After the closure of the Bretton Woods System & Gold Standard at 50 Countries Delegates the New Currency system emerged at the International Finance regime for the Exchange Rate. This is post Fixed Exchange Rate and gold Standard. Enumerate the exchange rate and describe which of the exchange rate systems operates in the current scenario. (10 Marks)
- a) What is the Cruciality of Current Account in BOP – Balance of Payment as a Fundamental aspect of International Trade and finance, and why it stand out as most different and Preliminary? (5 Marks)
b) Elaborate on how IRP (Interest Rate Parity) forms the crucial significance in Foreign Exchange Rate Determination as a repercussion of Global Interest Rate co-ordination to respective 2 pairs of International Currencies Exchange Rate (5 Marks)