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Management · Q866

International Finance and Treasury

Graduate and Post Graduate · Management · question 866

Q866

IN the statement, INR/USD: 1.1250/1.1251, which of the following represent bid quote? 1. 1.1250 2. 1.1252 3. 1.1251-1.1250

A.
Only statement 1 is correct
Answer
B.
Only statement 3 is correct
C.
Both statements 1 and 3 are correct
D.
Both statements 2 and 3 are correct

Answer: Option A

Solution

Answer: Option A
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