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Forward Rate : The rate quoted for delivery of foreign exchange in future at some agreed date, i.e., when the value date is more than two business days in future, is called the forward rate. A forward bank enters into a contract to buy/sell a fixed amount of foreign currency at a specified future date at a predetermined rate of exchange. The rate quoted for the transaction is the forward rate.
The date of delivery of foreign exchange in future or the maturity of a forward foreign exchange contract can be a few days, months or years in some cases. The exchange rate is fixed at the time the transaction is agreed upon. But no money actually changes hands until the maturity date. There will be a specific exchange rate for each forward maturity and each of these rates almost always will differ from today's spot exchange rate.
Form of Contract: There are no universally acceptable norms as to the form of export contracts. It need not be a formal document signed by both the parties and it need to be s
Q. Explain Spreading activation ? Spreading activation involves the proposal of one memory 'triggering' another one. For instance one might think of Coke every time one remembe
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Export of Gifts: Goods including edible items of value not exceeding Rs. 15.000 in a licensing year may be exported as a gift. However, items in the Negative List of Exports shall
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Q: How Post Purchase behaviour of a consumer can be explained? Ans: Post-purchase behaviour engages all the consumers' activities and the experiences that follow the purchase.
How might this medical group tailor its marketing mix to appeal to this segment?
Understanding the Nature of the Problem : The next step in defining the problem is to understand its origin and nature clearly. The best way of understanding the problem is to disc
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