Description
For Nmims answersheets contact
[email protected]
+91 95030-94040
International Finance
1. Foreign currency can be easily transferred by commercial banks across the globe for business as well as personal transactions. Explain. (10 Marks)
2. Explain how US Dollar has emerged as a Vehicle currency in the International Market. Why all foreign currencies are pegged against the dollar? (10 Marks)
3. The active pandemic due to the spread of Corona virus has given rise to many threats as well as opportunities to certain businesses world over. China faced flak from international nations for not taking right corrective measures to contain the spread of the virus and generating the right awareness about the ill-effects of the virus contraction on the human body, it also diminished exports from China to the rest of the world. In the wake of the pandemic Prime Minister Narendra Modi identified opportunities for Indian businesses to go global from local and chalked out various export promotion initiatives. Several incentives were announced by the government for companies exporting goods abroad to other international countries in order to boost exports and boost the country’s GDP. These initiatives and extended support from the government enabled Indian companies to increase their overseas footprints and give an upside to the contracting GDP, bringing more forex resources home.
a. Elaborate on the structure of organisations incorporated for export promotion.
(5 Marks)
b. Explain different incentives and benefits which can be availed by Indian exporters.
(5 Marks)
For Nmims answersheets contact
[email protected]
+91 95030-94040
doc_675316559.docx
For Nmims answersheets contact
[email protected]
+91 95030-94040
International Finance
1. Foreign currency can be easily transferred by commercial banks across the globe for business as well as personal transactions. Explain. (10 Marks)
2. Explain how US Dollar has emerged as a Vehicle currency in the International Market. Why all foreign currencies are pegged against the dollar? (10 Marks)
3. The active pandemic due to the spread of Corona virus has given rise to many threats as well as opportunities to certain businesses world over. China faced flak from international nations for not taking right corrective measures to contain the spread of the virus and generating the right awareness about the ill-effects of the virus contraction on the human body, it also diminished exports from China to the rest of the world. In the wake of the pandemic Prime Minister Narendra Modi identified opportunities for Indian businesses to go global from local and chalked out various export promotion initiatives. Several incentives were announced by the government for companies exporting goods abroad to other international countries in order to boost exports and boost the country’s GDP. These initiatives and extended support from the government enabled Indian companies to increase their overseas footprints and give an upside to the contracting GDP, bringing more forex resources home.
a. Elaborate on the structure of organisations incorporated for export promotion.
(5 Marks)
b. Explain different incentives and benefits which can be availed by Indian exporters.
(5 Marks)
For Nmims answersheets contact
[email protected]
+91 95030-94040
doc_675316559.docx