NMIMS Global Access

Course: International Banking & Foreign Exchange
Assignment Applicable for December 2020examination
 

1. Amit ins converted his MBA joined Telta Ltd. TIE company was planning to start exporting is goods to other countries. Amit's wanted him to prepare a short
report on the steps involved in payment to be done through a letter of Credit by the importer. Also he wanted Amit to on Revocable Inevocabk Ißtter of Credi and suggest which one would be better in terms of safety for Telta Ltd. Justify.

2. Neha had four new members recently joining the team. She wanted to make her team understand the financial markets have become closely interlinked which means that the delaler of any particular desk should be well informed about related financial markets as well. Help her to prepare a report for the new members on the reason for the treasury division to integrate various operations - foreign exchanges, money market and securities market operations. Also comment whether  risk free arbitrage opportunities can be exploited or not through integrated treasury operations.

3. Shikha was working in the forex department of a bank after completing her post-graduation. She was made aware by her manager that the merchant buying and selling rates are calculated differently & derived with help of the rates prevalent in the inter bank markets. She was asked by her manager to prepare a report on how the rates are determined in case of:

(a) Market's selling rate

(b) Market's Buying rate