Q666
Position which came in to existence because of holding assets more than liabilities is considered as
A.
net long in currency
AnswerB.
net short in currency
C.
net surplus in assets
D.
net surplus in liabilities
Answer: Option A
Solution
Answer: Option A
Solution:
Position which came in to existence because of holding assets more than liabilities is considered as net long in currency. Net long refers to a condition in which an investor has a portfolio consisting of more long positions than short positions in a given asset, market, portfolio or trading strategy.