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Forex management – Quiz to check your knowledge!

Forex management – Quiz to check your knowledge!

Forex management can be understood as the science of management of generation, use and storage of foreign currencies in the process of exchange of one currency into other called foreign exchange. In India, It is governed by Foreign Exchange Management Act, 1999 and powers conferred to RBI and Central government.

Foreign exchange, or forex, is essential to transacting global business. Take it a business or an individual, everyone have to come across it while dealing in foreign currency.Every firm and individual operating in international environment is concerned with foreign exchange i.e. the exchange of foreign currency into domestic currency and vice-a-versa.

Here is a quiz to check your knowledge!

Take This Challenge !

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