DISTANCE EDUCATION
M.Com. DEGREE EXAMINATION, MAY 2018.
GLOBAL FINANCIAL MANAGEMENT
(2005 onwards)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
1. How is international financial management linked with
foreign exchange market?
2. What do you understand by special drawing rights?
Discuss its significance in international finance.
3. Write a brief note on
Irrevocable letter of credit
IDA.
4. Explain Foreign Exchange Rate Risk.
5. How does global financial market differs from domestic
financial market?
6. Explain the different exposures techniques used in
international finance.
7. Discuss about the various theories of Exchange Rate
Determination.
8. Enumerate on the short term and medium term financial
market instruments.
Sub. Code
24
DE-3798
2
wk11
SECTION B — x 15 60 marks)
Answer any FOUR questions.
9. Briefly discuss about the centralised cash management
system with its merits and demerits.
10. Explain the theory of comparative advantage as a motive
for foreign trade. What is the logic behind this theory?
11. Discuss about the working and usefulness of IBRD in
facilitating and promoting long term investment.
12. Discuss in detail about the importance of international
working capital management.
13. Enumerate the role of foreign exchange derivatives in
Forex management.
14. Describe in detail, the various instruments used in
international financing.
15. Point out the major benefits arising out of
internationalisation of financial system.