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Study the following case/situation and express your opinion: Mr. A deals in import and export business so he needs different foreign currencies. For the expansion of his - Organisation of Commerce and Management

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प्रश्न

Study the following case/situation and express your opinion:

Mr. A deals in import and export business so he needs different foreign currencies. For the expansion of his business, he borrows money from a commercial bank. He invests his funds in the equity shares.

  1. From where does Mr. A borrow money?
  2. Name the market where does Mr. A invest his funds.
  3. Which type of currency is required for the international market?
मामले का अध्ययन

उत्तर

  1. Mr. A borrows money from a commercial bank. 
  2. Mr. A invests his funds in equity shares, which means he is investing in the stock market. 
  3. For international markets and transactions, Mr. A requires foreign currencies.
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