Description
Assignment Solution: International Finance April 2024
NMIM$ Global Access
School for Continuing Education (NGA-SCE)
Course: International Finance April 2024
Internal Assignment Applicable for April 2024 Examination
Q1. 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)
Q2. After closure of Bretton Woods System & Gold Standard at 50 Countries Delegates the New Currency system emerged at International Finance regime for the Exchange Rate. This is post Fixed Exchange Rate & Gold Standard. Enumerate exchange rate and describe which of the exchange rate system operates in the current scenario? (10 Marks)
3a) What is the Cruciality of Current Account in BOP – Balance of Payment as Fundamental aspect of International Trade & Finance, why it can stand out as most different and Preliminary? (5 Marks)
3b) Elaborate as 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)
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Last date: 30 march
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