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Functions of the Central Bank

As per the an...

Question

As per the announcement made by the RBI, some Stock Exchanges in India are allowed to introduce Plain Vanilla Currency Options. The term Plain Vanilla Currency Options is associated with which of the following activities/operations?

A

Dollar-Rupee Exchange Rate

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B

Floating of Commercial Papers

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C

Launch of new mutual funds

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D

Deciding the opening price of a share on a particular business day

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Solution

The correct option is A Dollar-Rupee Exchange Rate
option d is correct,

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