10) What does not work in the foreign exchange market?
a) Transfer of purchasing power b) Credit supply c) Foreign exchange market d) Domestic clearing
परकीय विनिमय बाजारात कोणते कार्य होत नाही?
अ) खरेदी शक्तीचे हस्तांतरण. ब)पतपुरवठा
क)परकीय हूंडीबाजार
ड)देशांतर्गत
समाशोधन
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Answer:
OPTION d) Domestic clearing
Explanation:
The foreign exchange market is a marketplace for determining a currency's foreign exchange rate.
Different global currencies are available for people to buy, trade, and exchange.
Domestic clearing is a service that allows domestic banks to share information in order to transfer funds to another bank.
The alternatives a) Transfer of purchasing power and b) Credit supply are the most essential and major activities of a foreign exchange market. As a result, they are involved in the foreign currency market.
Option d) domestic clearing, has nothing to do with a foreign exchange market, thus it will be our proper response.
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