n NISM Certifications
XIII NISM Series XIII
Medium

Given the UK interest rate of 2%, India interest rate of 8%, and current GBPINR spot rate of 70, what is the closest six-month future rate of GBPINR?

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    72.90

  2. B

    71.05

  3. C

    73.80

  4. 72.06

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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