![Forex Quiz (Basics)- Comprehensive Ques.](https://forum.sseiqforum.com/wp-content/uploads/2023/03/IMG_20230306_105605_458-260x185.jpg)
In this question , As we can see that there are unpopular currencies and in alphabetical form, so I have applied googly (Chupki) in ques. and found the answer accordingly that is option B but correct answer marked here is option C.
Am I wrong in doing that and if yes please do tell why ?
As you can see in the question they have clearly mentioned the word “ratio” which means numerator is the price currency and denominator is the base currency i.e. for 1 unit of denominator how many units of numerator. That is the reason we haven’t applied googly logic in this question.
Having said that since we are dealing with icai here, (which loves ambiguity) it would have been better if we(ssei) had mentioned it in the question itself to treat denominator as base currency. Hope this clarifies your doubt.
Okay 👍