ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The bank may offer cash management services or be willing to make a special effort to obtain hard-to-find foreign currencies for the corporation.
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Some banks may provide assessments of foreign economies and relevant activities in the domestic financial environment that relate to corporate customers
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Some banks may provide forecasts of the future state of foreign economies and the future value of exchange rates.
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Banks may vary in the efficiency with which they handle an order.
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Detailed explanation-1: -Two major features that distinguish international banks from domestic banks are the types of deposits they accept and the loans and investments they make.-Large international banks borrow and lend in the Eurocurrency market. International banks may participate in the underwriting of Eurobonds and foreign bonds.
Detailed explanation-2: -Solution(By Examveda Team) WTO institutions cannot be included in the international financial and monetary system. The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
Detailed explanation-3: -Functions of foreign banks in India: Deepening of financial system through contribution of money market and foreign exchange by participation of foreign banks. Expansion of modernised banking services. Foreign currency provision to corporations enhancement. International cash management services.
Detailed explanation-4: -Competitiveness of quote. Special Relationship with bank. Speed of execution. Advice about current market conditions. Forecasting advice.