International Banking & Foreign Exchange Management NMIMS assignment December 2024

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: International Banking & Foreign Exchange Management
Internal Assignment Applicable for December 2024 Examination
Assignment Marks: 30
Instructions:
• All Questions carry equal marks.
• All Questions are compulsory
• All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
• All answers to be written individually. Discussion and group work is not advisable.
• Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
• Students should write the assignment in their own words. Copying of assignments from other students is not allowed.
• Students should follow the following parameter for answering the assignment questions.
Q1. Suppose that your friend Mr. Naresh is expanding his business by starting a new export venture. He has seeked your advice in the matter. Explain to him how the EXIM bank can help him and discuss their programs and services that could be useful for Mr. Naresh. (10 marks)
Q2. Dr. Swami is part of the management team of MHS bank that is performing very well in the domestic market of its country. Advisors have suggested them to consider expansion in foreign countries as well. What can be the advantages of such an approach? What kind of services can the bank aim to provide by ‘internationalisation’ of the bank? (10 Marks).
Q3. a. Over the past few years India has attracted a large amount of Foreign Direct Investment (FDI) in various sectors. Explain what you mean by FDI with an example. (5 marks)
Q3. b. The Euro as a common currency for the European Union’s member states was launched with the aim of greater European Integration. Do you agree that Euro as a single currency has advantages? Discuss. (5 Marks)
**********