International finance NMIMS Solve Assignment April 2025

Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: International Finance
Internal Assignment Applicable for April 2024 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
 Students should write the assignment in their own words. Copying of assignments from other students is not allowed
 Students should follow the following parameter for answering the assignment questions
Q1. How FCNR (B) can be termed as a Crucial* Account for NRI while Transferring any Amount of Sum to their relatives / Family members in India ? Elaborate the views
(10 Marks)
Q2. After closure of Bretton Woods System & Gold Standard at 50 Countries Delegates the New Currency system emerged at International Finance regime for the Exchange Rate. This is post Fixed Exchange Rate & Gold Standard. Enumerate exchange rate and describe which of the exchange rate system operates in the current scenario? (10 Marks)
3a) What is the Cruciality of Current Account in BOP – Balance of Payment as Fundamental aspect of International Trade & Finance, why it can stand out as most different and Preliminary? (5 Marks) 3b) Elaborate as how IRP (Interest Rate Parity) forms the crucial significance in Foreign Exchange Rate Determination as a repercussion of Global Interest Rate co-ordination to respective 2 pairs of International Currencies Exchange Rate (5 Marks)