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« finance & economics quiz »
01  02  03  [04]  05  

31.

Who created SDR, Special Drawing Rights, in 1967 which deals with the reserve of international assets whose value is based on the widely used currencies?

Answer
32.

Which word was derived from the French word Bougette meaning 'Little Bag'?

Answer
33.

What is known as the 'Slash Fund'?

Answer
34.

What does 'Asset Tripping' mean?

Answer
35.

Which is the only country having paper currency and have no coins and it introduced cheque only in 1997?

Answer
36.

This agreement was introduced in 1946 that each government pledged to maintain a fixed exchange rate for its currency. This arrangement supposed to reduce the risk involved in international trade and transactions. Name the agreement?

Answer
37.

In financial lingo what is a 'Bridge Loan"?

Answer
38.

What is a 'Credit Crunch'?

Answer
39.

What is the rate of interest at which short-term funds are exchanged between banks in London called?

Answer
40.

What is known as the working balance in foreign currency maintained by a bank in Country X with its correspondent bank in Country Y to facilitate delivery or receipt of currencies?

Answer
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