Which of the Following Is a Feature of the Current

question 97

Multiple Choice

Which of the following is a feature of the current monetary system?

• A)It is free from government intervention.
• B)It is free from volatile movements in exchange rates.
• C)It has increased foreign exchange risk for businesses.
• D)It has made it easier to get insurance coverage against exchange rate changes.
• E)Instruments like forward market and swaps have lost their importance in the present system.

Understand the historical context and development of banking and its challenges.

Analyze the factors influencing the savings and loan industry.

Understand the role and operations of non-bank financial institutions.

Recognize the global aspect of currency distribution.

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Definitions:

Extremities

The furthest or most remote points, parts, or boundaries of an area, structure, or part.

Profile Tolerance

A geometric dimensioning and tolerancing method that specifies the allowable variation of a surface's profile.

True Profile

The accurate outline or contour of an object's surface as specified in design documentation.

Circular Runout

Circular runout is a tolerance specified on cylindrical parts to control the amount of variation or wobbles as the part rotates around a datum axis.