n NISM Certifications
XIII NISM Series XIII
Medium

If one year interest rate is 2% in UK and 8% in India. If current GBPINR spot rate is 70, which of the following could be closest to the six month future rate of GBPINR?

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    73.10

  2. B

    72.80

  3. 72.06

    Correct answer

  4. D

    71.80

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

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