When you try to pay GARP FRM enrolment fees or Exam fees it gives the only option for a Credit card with some other options like Demand Draft and does not provide any option for Debit Card. In India, we have seen many candidates who do not have access to credit cards (like full-time students) or do not prefer to use one. How can we deal with this situation?
Use your debit card. Choose the credit card option and enter your debit card details (Visa or Master, etc.) with international payments enabled. It works!
So why does GARP simply mention the credit card and not a debit card? As far as I know, GARPs intention is not to bar any debit card users from using it for payment, they are just following the standard convention used in the USA of referring Payment cards as credit cards as simple as that.
Introduction (Relevant for FRM Exam) Every once in a while, a financial disaster unfolds that becomes a case study, providing valuable lessons for future generations. The story of Metallgesellschaft’s hedging disaster is one such example. This German conglomerate’s misadventure in the oil markets in the United States resulted in one of the most notable disasters
Margin Call (2011) Reason To recommend: Movie starts from the Risk management department of investment bank and revolves around forecast made by risk management and the decisions taken by board of investment bank. After watching this movie, you will understand the importance of risk management department. Related FRM Topic: General Risk Management Profession (No direct
Using the following table providing different factors like interest rate, storage cost, dividend yield, calculate forward price. Assume Underlying price of $1000 for all cases. Type of underlying Interest rate(CC) Storage cost Dividend Lease(L)/ CY Time to maturity Forward price Stock 5% – – – 6M Commodity 6.5% – – – 3M Stock
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