Hi everyone!
Whoseever is using forex revision video - please note that there is a small rectification in Q5 part (iii).
We have to use “average rate” for calculating Annual rate of premium which is mentioned in the question and I missed it in the flow.
Please accept my apology and thanks to Vignesh for pointing this out! :)
Whoseever is using forex revision video - please note that there is a small rectification in Q5 part (iii).
We have to use “average rate” for calculating Annual rate of premium which is mentioned in the question and I missed it in the flow.
Please accept my apology and thanks to Vignesh for pointing this out! :)