International Banking & Foreign Exchange Management - NMIMS April 2018 Solved Assignments
GET SOLVED ASSIGNMENTS VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at [email protected] YOU MAY CALL US ON - 7506193173 WHATSAPP NUMBER- 9967480770 Internal Assignment Applicable for April 2018 Examination International Banking & Foreign Exchange Management Q1. 3rd November 2017, Government announced recapitalization, According to many expert this step will help Public Sector Banks to expand their operation, how it will happen and when? How it will have impact on their FOREX transactions? Q2. Goods and Service tax is considered as tax reform in India, But on the other hand its slow down the pace of economic growth of the country, do you think it had positive impact on FOREX transactions? Explain various provisions under this act for FOREX transactions? Q3. Traditionally, NRIs have been more comfortable investing in real estate in India. Real estate investment gave returns in the country at an average of about 14-17% in this decade. Sensex returned 19% in the decade and top performing diversified equity mutual funds have given returns in the range of 25-30%. Though past performance cannot be a pure indicator of future performance, but the pattern will stay true if the Indian economy grows in the 8-9% range in the next decade. So it makes good sense to get a life beyond real estate! In absolute amount it does make a huge difference! Type Average return Invested amount Years Value Real estate 15% INR 10 lacs 10 INR 40 lacs Sensex 19% INR 10 lacs 10 INR 57 lacs Diversified Equity Fund 26% INR 10 lacs 10 INR 1 cr a. NRI from which country can’t invest in the Indian Mutual funds? Why NRI’s prefer Indian mutual funds as an investment option? (5 Marks) b. NRI need to have NRO or NRE account to deal in INR, What is the role of these account in case of mutual fund investment? Explain the formalities to purchase Indian mutual funds for NRI’s. GET SOLVED ASSIGNMENTS VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at [email protected] YOU MAY CALL US ON - 7506193173 WHATSAPP NUMBER- 9967480770
