Business Studies · International Trade and Finance
Match the concepts in LIST-I with their correct meanings in LIST-II: LIST-I (Concept) A. Exchange Rate B. Forward Market C. Arbitrage D. Direct Quotation LIST-II (Meaning) I. It refers to the price of one unit of foreign currency in terms of some units of home currency. II. It is the process of making riskless profits by exploiting price differences of assets in different markets. III. A market where transactions are entered into for settlement on a future date. IV. It is the price of one unit of a currency in terms of some units of another currency. Choose the correct match from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A - I, B - III, C - II, D - IV
- 2A - I, B - II, C - III, D - IV
- 3A - III, B - IV, C - II, D - I
- 4A - IV, B - III, C - II, D - I✓
Correct answer
A - IV, B - III, C - II, D - I
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