1)    Arbitrage


2)    Speculation

3)    PPP theory

4)    Central Bank Intervention

5)    Market Stabilisation Scheme (MSS)

6)    List the features of offshore Financial Centres (OFC’s)

7)    Enumerate the features of GDR’s

8)    What are advantages of GDR’s to the issuing company and investors?

9)    Management of reserves is a balancing act. What is the role of RBI in this area?

10) Convertibility of a currency is a two-edge sword, why?

11) Foreign Currency Swaps

12) Foreign currency Futures


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