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So my assumption is wrong?
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Yes bcoz correct logic is indian bank can add margin on indian market quotation not on international market quotation SGD/$ international market quotation he
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Sonia Chhabra posted in the group CA Final SFM Discussion Group
SFM : International Financial Management, is the solution correct ?,
1) Saving of existing working capital in export business is subtracted from current investment?2) why the release of working capital is 80 instead of 100?
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SFM : International Financial Management, is the solution correct ?,
1) Saving of existing working capital in export business is subtracted from current investment?2) why the release of working capital is 80 instead of 100?
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Sonia Chhabra posted in the group CA Final Direct Tax (Paper 7) Discussion Group
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CA Students' Social Hub
and then
Bcoz this rate is inter bank rate & we deal with merchnat rate so we first convert it in merchant by addor less margin … Is que main specify nhi kiya bt ye assume kiya gya h in moduel