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Friday 5 April 2013

IF-Revision paper 1,2 and 3

No
Revision Set 1
Revision Set 2
Revision Set 3
1.        
a.       Overall balance
b.      Fisher parity
c.       Foreign currency derivatives
d.      (Transaction/position/pre-settlement/settlement) Risk faced by commercial bank
e.      Foreign currency derivatives
a)      BOT
b)      Smithsonian agreement
c)       Mint parities
d)      Monetization of Gold
e)      Reserve management
a.       Speculation and trading
b.      Dirty float and clean float
c.       Offshore banking
d.      Foreign currency exchangeable bonds
e.      Crawling peg
2.        
·         Problem-Arbitrage possibilities
·         Case study-BOP based case study
·         Problem-Arbitrage possibilities
·         Case study-Triangular arbitrage and export import trade and exchange fluctuation decisions
·         Problem-Arbitrage possibilities
·         Case study- Foreign exchange management in india
3.        
·         Problem-Forward quotation/AFM calculation
·         Problem-Covered interest arbitrage
·         Problem-Forward quotation/AFM calculation
·         Problem-Covered interest arbitrage
·         Problem-Forward quotation/AFM calculation
·         Problem-Covered interest arbitrage
4.        
·         Problem-Spread/Inverse rate calculation
·         Problem-Calculation of Cross quote

·         Problem-Spread/Inverse rate calculation
·         Problem-Calculation of Cross quote

·         Problem-Spread/Inverse rate calculation
·         Problem-Calculation of Cross quote

5.        
1)      What is meant by Capital Account Convertibility? Discuss the extent to which CAC has been attained in India.
2)      What was Bretton Woods System? Why did it fail? What were the efforts to retain & defend BWS?

a.       What are the objectives of IMF ? How far has it achieved it ?
b.      Give a detailed outline of the Balance of Payment Statement?


a.       Differentiate b/w Translation & transaction exposure
b.      Foreign exchange management in India
6.        
Write a note on any two a) Currency swaps & Currency Options b) P-notes c) Managed float
Or
a.       Discuss the exposure & risk occurring due to changes in: a) Interest Rates   b) Exchange rates 
b.      Differentiate b/w ADR & GDR

Write a note on any two) MIGA. B) ECB c) Instruments of risk management
Or
a.       Distinguish internal and external hedging
b.      (Merits and demerits or features ) of fixed and flexible exchange rate system
Write a note on any two a) LIBOR b)LERMS c) Triffins paradox
Or
a.       Risk vs. exposure
b.      Euro credit vs. euro bond market



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