FOREX Revision | CA/CMA Final SFM | Complete ICAI Coverage | By CA Ajay Agarwal AIR 1
Вставка
- Опубліковано 20 лис 2021
- Topics Coverage:
Forex Basics
Fate of Forward Contracts
Foreign Exposure Hedging - Forward Contracts, MMO, Currency Futures, Currency Options
Other Topics
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13:37 Presentation of currency
21:10 Bid ask rates
34:35 Spot forward rates
41:45 Merchant interbank rate
50:20 Broken period
53:48 Interpretation of rates
1:03:30 Transit period
1:09:50 Exchange rate differential
1:13:50 Interest rate differential
1:17:20 Expected forward rate
1:24:34 Interest rate parity
1:27:40 Purchasing power parity
1:35:00 Fate of forward contract
1:53:48 Ques on fate of forward contract
2:38:40 Forward Contract
2:47:07 Leading & Lagging
2:53:21 Money market cover
3:04:44 Currency futures
3:27:14 Currency Options
3:45:00 Arbitrage process
3:48:20 Covered interest arbitrage
3:56:04 Cross rates
4:05:20 Int. Cash management
4:07:43 Where to borrow
4:16:50 Where to invest
4:17:22 Exchange Cash position
4:28:20 Forex exposure
4:35:18 Questions revision
Thank you sir. SCMPE Important question list for December 21 kab tak aa jayenge?
Thanks
Real farishte😁
Thank you
Maza agaya bhai.. helpfull a lot
1:54:30 Delivery on due date
2:00:25 Early Delivery
2:10:25 cancel on due date
2:14:22 early cancellation
2:17:48 late cancellation
2:27:55 customer does not approch to the bank
2:29:38 late delivery
2:33:51 extension
2:35:54 summary
2:35:35
2:38:38 foreign currency risk hedging techniques
Late cancellation also includes int. computation
I have taken class from sanjay saraf sir, and he took around 12 days lecture to complete this chapter and made this chapter as unreacahable.But u just nailed it in 4 hrs....wish u very good luck..the conceptual clarity with icai solving pattern preferences is just beyond imagination.
Haha.
Gale lag ja bhai...
Happy realisation!
But I respect all teachers, everyone is doing business.
Blessed be!
I m CMA finalist
Same situation 🙂
Plus it's expensive too ab mujhe lgta h kuch Aata hi Nahi h sfm me
Same happened with me....even completed all classes of SFM but don't even understand anything .....now I m looking for revision lectures
yes same here
Samee situation i really regret that decision
These two brothers have helped all CA finalist to fulfill their dreams in thousands of ways. They are much more ahead of all hifi faculties teaching for 200+ hours of SFM n other subjects.
Thanks a ton Ajay sir 🙏🙏
Definitely....really regret wasting 20k on a renowned faculty with outdated material and classes.
6:25 how 1¥= $140??
@@yugbegrajka2941 Very True they provide old recordings without detailed understanding even theory topics, They stick to the Questions directly
Fate of forward
1:54:30 due date delivery
2:00:26 Early delivery
2:10:26 Cancellation on due date
2:14:23 Cancellation on early date
2:17:49 Late cancellation
2:28:00 Auto cancellation
2:29:40 Late delivery
2:33:56 Extension all case
2:35:59 summary
One can go to this person revision video to understand this topic. It is very nicely explained. Thank you sir:-)
Sir I took classes of Mayank Kothari sir for SFM and mujhe rona aa raha tha this chapter looked impossible Nov 23 is my attempt aur bht darr lag ra tha but u r a saviour. May krishna bless u sir.❤
5 hours without a single break only possible with agarwal brothers proud of u sir
bid and ask rate 21:08
spot and forward rate 34:34
premium and discount presented 40:50
merchant rate and interbank rate 40:54
Broken period 50:25
transit period 1:03:20
Methods for calculating annual premium or discount 1:09:50
Methods for calculating estimated forward rate 1:17:22
Interest rate parity 1:24:33
fate of forward rate 1:34:20
thank u so much for this
Forward contract summary 2:36:00
Interpretation of rate 53:00
Leading and lagging 2:47:00
Money market 2:53:30
Settlement of Currency future 3:22:19
Currency option 3:27:00
Arbitrage process 3:45:00
Cross rate 3:56:00
Where to borrow 4:07:45
Nostro vostro loro 4:17:24
Foreign exchange exposure 4:28:32
Akc ltd Q (contribution ratio) 4:36:40
Currency future q4:39:27
Currency option q 4:40:24
Cash mgmt q4:43:15
Where to borrow q 4:43:53
Exchange&cash position q 4:47:13
Omega Q 4:47:57
Late cancellation 2:17:50
Foreign exchange exposure & risk management
1:34:57 - Fate of Forward Contract
1:47:38 - Exchange Margin Treatment in Fate of Forward Contract Topic
1:51:52 - Q 9 of QB
1:32:35 Interest Rate Logic for exam
3:17:25 Step 6 of Future Calculation
3:56:40 Cross Currencies Calculation
4:05:00 International Cash Mgmt ( MNC Foreign Subsidiaries)
vishal ka bhai?
FINALLYYYY.. Itna toh koi Film/Series release hone pe khushi nahi hoti jitna aapke revision videos release hone pe milti hai.. Thank you so much SIR !!
So true
Vastvik
@@BeenuJoshi right
Sahi boli aap nh
Mere bhi yehi mnna h
Kya aap ke ke ps inka class note h ?
I swear! 🤣
You and Atul sir brought a total revolution in every subject you teach... SFM FR SCMPE seemed so difficult earlier..and now soo smooth ❤
49:53 contacted rate with customer (no adjustment to be done) it is final rate
50:58 2 months 15 days forward rate find (interpolation)
1:02:20 Swap points
1:05:54 Grace period
1:36:06 cancellation extension and delivery of forward
2:22:00 Open forward contract (jab man kare tab jaake sell buy karle) only when bank has given 3 days Grace to customer
4:14:40 withholding tax (when we decide solely based on interest rates) exchange rate not given
4:17:23 Nostro Vostro
4:49:53 q.58 jksc pg 170
3:24:38 logic of Currency futures
3:26:52 how to decide Which currency option to take
Guys i am a qualified chartered accountants only because of ajay bhaiya
Question to see before exam
Broken Period Ques - 4:35:40
Average contri to sales ques - 4:36:30
Leading Lagging - 4:37:30
Money Market hedge - 4:38:35
Currency Options - 4:40:24
Covered Interest arbitrage - 4:42:01
Interna Cash Mgmt - 4:43:14
Where to Borrow - 4:43:49 & 4:45:50
Exchange & cash Position - 4:47:10
Foreign Transaction Exposure - 4:47:50
NDF - 4:50:52
i dont think a ''Thank you'' is enough for these efforts surely our results will be a big thank you🥺❣❤
Main portion starts 1:35:00
Fate of FC Ques - 1:52:00
Summary of FOF - 2:36:00
Hi can you please suggest if doing these revision videos with question bank will be sufficient or full classes are needed fr sfm. Will be of great help thanks
@@adttw5501 What was your experience?
@@nishantchandra more than sufficient if you are good at maths and basic concepts of sfm. But I took classes from ajay sir eventually because I was bad at basics.To start from beginning using revision lecture was not helpful for me because of maths but revision lectures cover everything in detail.
One cannot get even half of the knowledge what a person will get by seeing this revision video eventhough he/she study the study material or taken other classes. Ajay sir will explain every point given in SM and make a connection between topics, thats why the knowledge will be enlightened in a greater manner. To decode SM is not that easy unless one takes 2-3 years to do that. Ajay sir made it ready made and we people can have a cake walk. I have never seen a great social service than this in my life. Radhe Radhe sir.
Hi can you please suggest if doing these revision videos with question bank will be sufficient or full classes are needed fr sfm. Will be of great help thanks
@@adttw5501 same doubt pls reply
@@hemaprabhakar7200 HI Hema, see to be very honest the revision videos are sufficient provided you have good command over 11 and 12th maths and have basic idea of the sfm. To start from point blank I would suggest to take their classes , I did too , same for fr. The revision videos cover 100% of the concepts in the most detailed manner but sfm as a subject needs practice and in depth understanding since it's totally new to most of us. Hope this helps, feel free to ask anything further. But without a doubt these revision videos cover full course and are 10000 times better than some faculties full classes.
@@adttw5501 Thank you
@@adttw5501same question ❓ what you did ?
Ajay sir ki revision videos >>>>>>>Aditya Jain ki full regular classes. 20000 or 10 mhine paani mei gye
Thank you so much... Next level conceptual clarity!! AIR 1 for a reason
I have waited this for 2 months and finally it came Thank a lot
I changed my perception towards finals, towards you by seeing this revision lectures. Truly saying I used to think how you can compete with such an experienced person available in market and have spent lots of time and money on that. In the end I realized I gained nothing as maybe he got the knowledge but he is not a good teacher. On the other hand u r really great in the matter of concept clarity, teaching style, reading our requirement. I will always be grateful for this. Thankyou sir .
Hi can you please suggest if doing these revision videos with question bank will be sufficient or full classes are needed fr sfm. Will be of great help thanks
@@adttw5501 full classes are needed if you have done classes before then these lectures are good for revision
01:00 Basic
1:35:00 Fate of Forward contract
2:38:00 Hedging methods
3:45:00 others
4:35:00 Quest
Did my complete tuitions from renowned faculty but getting the concepts clarity through your revision lectures. What more one can say in appraisal. Thank You.
summary 2:36:00 for all forward contracts,cancelled,late delivery due date delivery,..
THIS 5 HOURS REVISION VIDEO IS MORE CONCEPTUAL AND EXAM ORIENTED THAN MANY OTHER FACULTIES WHO TEACH THIS CHAPTER FOR 30 HOURS.
THANKS A LOT AJAY SIR.
😂😂😂 shi bole shashwat bhai
@@shashwatsharma7774 ha sanjay saraf ka paid kutta hai tu pata chal gaya
Apne paas rakh apna ganda gyaan
East or West my AIR1CA is best. ♥️♥️♥️
@@MyJaipurCa Exam main sahi answer khud karna padega
Tera sanjay saraf nai ayega answer karne 😂😂
@@jash.b.majmudar 😂😂 baat to yeh bhi shi h fail to mai bhi sfm mai hi hua calculation mistake karke aaya 🥺 hope so Sanjay sir aake shi kar dete... Ak mistake 3 marks... And whole group dead...
@@MyJaipurCa Tough luck bro. I wish that you clear in Nov 22. All the best.
They have qualified for Fresher CA's with 15 years of Experience...Unbelievable understanding & clarity 💚💚💚
Ajay sir kya amendment lecture bhi provide karate hai pendrive classes Walo ko
@@anubhavajmera8017 amendment hai hei nhi
Waited for this revision for almost a couple of months!! Thank you so much Sir!
Isi ka intezar tha. Thank you Ajay ji. Aapko Krishna ji ki blessings hamesha sath rahega ❤️❤️❤️
Radhe Radhe Bhai 🚩🚩
Ek forex ka nam se drr lgta tha...is bar chhod ke jane wala tha...but ye video dekha aur ab aisa hai ki...Question ayga to kr dunga.....icai ka question easily solve ho ja rha hai......Self Study walon ke liye ye Kisi wardan se kam ni hai.. Thanks Atul Ajay Bhai ❤️
In Case Of Money Market Hedging
Importer = Invest + Buy $ Today
Exporter = Borrow + Sell $ Today
Try This For Solving Question
Thank you sir! You guys are God for us... Have taken tuition from reputed teacher paying wholesome amount... But never got benefitted like this ❤❤❤❤❤❤
5hrs of revision lecture gave me more conceptual clarity than 15 classes from another teacher..
Thank you so much ajay sir..
does he explain the topics of sfm well?
@@subhamjallan9373 really well man,
Bahut step h bhai
This revision is so good! Kudos to you for summarising in such an easy way...Thank you so much sir!
World class teaching provided for free... What more one can ask for! Thanks a ton for your efforts! 🙏
I am Muskan Agarwal's friend..just heard about you from him.
You are amazing sir
Ajay Agarwal Sir you made the SFM Subject look so easy and Simple
Spoiler Ahead!
This is the best Forex revision video you will get so far.....Thanks, AA sir :)
Q 34 please explain why 2500000 cash balance not consider for outflow.
Q13 cancellation charge should be 34250.
2MFB 62.52- SPT BUY 62.80+.1%=62.8625=.3425
.3425*100000=34250
I studied from a renowned faculty who taught these by rattoing buy sell bid ask rates. Memorizing helped to speed but once I got confused and my whole sum went wrong. Thnku for these logics sir 🙏
Ab practice mei toh atleast sums wrong nhi ho rhe ek bhi
I have a no word which I can say in your praise...
❤❤ may Lord Mahadeva's give you long live 🎉
#Concept with full logic only you can done it ❤
Was waiting for this from the date result was declared... couldn't be more happier...sfm seems manageable now..thankuuu😄😃
Sir you are a man of God..
So dedicated. Ye content aap free me student ko diya hai... 🤯🤯
I can't believe. Thank you so much for your effort for student like me.
🧿🧿
Heartful thanks to you Brother Ajay for such great help in the time of need 🙏🙏
I was facing difficulty while solving question related to forward contract settlement but now after watching this video, the scenario changed. All concepts are clear. Thanks for making this topic so easy.
Best ever lecture of FOREX that has explained the concepts in way far better manner.
Thank you so much sir for this efforts. Also concept clarity at the peak!!
Sir, you are great. Not enough words to thank you for this revision video. I have covered only 1 hour 35 mins video till now but it's so amazing. Can't thank u enough. ❤❤
July attempt ke pehle aa jata to I would have been able to attend the question on forex. Koi ni exemption to ayi thi only because of ABC analysis and revision videos
you are a perfect example of - SUBSTANCE OVER FORM - thankyou so much for making forex chapter so simple.
Hi Sir, videos uploaded 2 years ago but heading is revision for May-2024. These revision classes are applicable and based on the new syllabus only? Because I dont know whether SFM old Vs AFM new any addition or deletion in the chapter.
Ajay sir se SFM padh lia = SFM aa gaya.
Babot simple way se samjate h unlike other SFM faculties jo SFM itna complicated way se padhate hai ki students ko SFM kabhi samaj nahi aata.
Ajay sir & Atul sir are true blessings for ca students. Radhe Radhe ♥️🙏
True
You have taken the classes please share your experience
Really ?? Wow
Please share your experience I am really confused
@@dipalijohar6422 it was worth it.. SFM se daar nahi lagega.. Aaram se le sakte ho unki class.
This revision video is more beneficial than lectures of many renowned faculties 🌟
Best revision video till date....so thankful that u hav uploaded these videos free of cost...while others are charging hefty fees for the same
Amazing revision lecture, with 3Es - Effective, Efficient and Economical. Thank you so much sir for your help. 🤩🤩😍😍
Hi sir
I have purchased SFF batch from you of your fist batch
in this chapter in Question bank there is difference as I can see in these lecture
I have checked the google drive we don't have new question bank there
Can you please tell me how I will get the new updated Question Bank?
Best forex revision I have seen, excellent conceptual clarity I got. Using your revision video for may 2023.Thank you sir
I am not having enough words to say thank you to ajay sir ❤ he is blessing and what a conceptual clarity mannn
Radhe Radhe
radhe radhe sir, when yo're go'nna upload remaining chapter's revision lecture for may 24 AFM /..it's very needful to us ..please provide if available
Thanks air 1 career institute,your classes helped me a lot in clearing CA exams and I am grateful to you.🎉
in Fate of Forward contract, do i get to know 2m fwd or 1month fwd is premium or discount??
Sir, is there any change in important questions list of your question bank from July 21 exam for December 21 exam. Please tell
Sir, your way of teaching soooo awesome. I took SFM class with some other teacher long back..nd forgot everything and those teachers don't provide this good revision lecture on UA-cam. Now im just following ur notes and revision lectures and a lot more confident than before.❤❤❤ Aap nahi hote to kya hota hamara😢
Then have you cleared in Nov-23 attempt...?
How much you scored in SFM..?
Gazab ki concept clarity hai sir...ek chote se chote point bhi batate aap..mere jaise nalayak ko bhi samajh aa jata hai..thanks sir.
What a Fantastic lecture you made forex so interesting for us which was not so earlier.. You are too good in concepts clarity... Thank you so much your every lecture is unique in itself. 😍
FEDAI rules should be followed in case of Inter bank but in qn. 5 ( fate of forward contract) you have applied FEDAI rules in case of Merchant Bank rate???
Sir are there any changes in this chap or can we refer the prev notes for Forex bcoz I have viewed the lecture from old notes and the new ones have been updated now on the website?
Sir
While Solving 2 months Forward sale problem under late delivery,
premium is not added to Open Sale price from Interbank market, why ?
Really helpful, feeling confident in sfm just because of your revision videos
Really appreciate the hardworking you do for AFM subject, thank you ajay sir
Thankyou so much sir 🙏...aapne bhot jada effort liya h for this video....you both are the savior..
Radhe Radhe🙏
Atul and ajay ke efforts ko ca students kabhi nhi bhulege ☺☺☺☺
The way you are explaining this forex concepts are so clear and easy to understand.....i was feeling difficult to study this chapter....but I listened your revision videos and i got some confidence that i can do this chapter...thank you so much Ajay Sir!
U R GREAT TEACHER!!!
4:37:15 pe Question 29 me fc receivable ko lag kiya to uska forward contract cancel kiya. Fwd contract me 48.9 milte & aise 48.3 milre he to profit on cancellation kaise hua, loss hua na? Plz reply.
Amazing revision lecture which covered every bit in just 5 hrs. Thanks.
currency swap is not there in video? notes me to hai last me?
1:35:00 Fate of forward contract
1:53:48 Ques on fate of forward contract
4:16:50 Where to invest
I was struggling with Fate of Forward Contract in Forex while revision,
Thank you so much sir, after watching your revision lecture, I got a command on the topic.
Bahot bahot dhanyavad. Hope I will make it ‼️❤️
Best revision session of forex on UA-cam 👏study mat k ek ek question ka nichod hain is revision session me....thank u so much ajay sir
Sir aap toh ese pdhate ho ki thumbnail dekh kr bhi pura smjh me aa jaye
16:10 PDRY
49:45 contracted rate+ broken period
59:00
The way you relate foreign exchange with pen example was amazing 👌 thanku sir
This came up when i sat for studying to check if there's any video from your channel. And this made my week
Most awaited one, and thank you for a lot of efforts!
Is this applicable for May 24/Nov 24 too ??
Itna behtrin sir ne pdaya h forex se related Sare problem hi khtm....phli baar lga ki forex such easy h.. Thank u so much sir app jaise sir h to drne ka ni.. Jai shree krishan. Ishwar apko trkki de bs hm gribo ko mt bhuliyega
thank u so much sirji
ek doubt tha... please answer
net cash inflow ho raha hai dealer ko fir interest kyu charge karte hai in early delivery? time stamp 2:09:05
Ajay ji, you are absolutely a JEM.
I pray, ki sab logo ko aapke barein mei pata chale ki kitna acha padate ho.
No disrespect to any big faculty, lekin woh sirf Naam mei bade h, aapki tarah kaam mei nahi.
I have recommended to each and every junior of mine about your classes.
Thankyou sirji
Hey gave u taken Ajay sir classes??
No
Self note :-
3:04:44 to 3:56:04 needs to be revised (futures & options) difficult to understand
The way you teach is simply great. I wasn't confident about this chapter because of fate of forward contract topic, but this revision video of yours help me understood it clearly. So thanks a lot for that Sir.
I wish you good luck.
Sb kuch smjha k ajay bhaiya kehte hai revision video me isse jyada nhi hoskta😁Thank you for awesome lecture🙏🙏
Pehle 10,000 ki majburi thi...
Ab free mei concept notes bhi milte hai❤️❤️
sir which question of the question bank is assumed 180 days interest rates if 6 month interest rate
Currency Option and future..... Awesome sir , Steps developed by you is our intangible asset. , That step remove all difficulty to select and interpret exchange rate quoted.... Thanks a lot from depth of my 💓......
Sir ek doubt hai
Agar automatic Cancellation ho raha hai 4th March aur agar customer aata hai 8th ko.... Toh interest on Outlay of Funds mei kitne days ka interest lagega 3 days OR 7 days according to your example taken in your example
Radhe radhe god bless to ajay and Atul Agarwal ❤️❤️❤️
PHAAAAJIIIIIIIII TUSSIIII GREAT HO.
AJAY BHAI ZINDABAAAAAD 😂
AAJ HI PADHNA THA, FOREX AAJ video aa gyi 😂 .
Love you bhai ❤️. Milne aaunga paper clear hone pr
+1 Bhai 😂
Thank you so much Ajay sir for your amazing AFM revision lectures, marathons, ABC analysis, Important questions list and thorough guidance. I'm a CA now in May 24 attempt.
AFM se mujhe dar tha, par aapne wo dar khatm kr dia sir!
Aspirants who are watching this: I'd highly recommend Ajay sir as a Go To for AFM! All the best! Radhe Radhe!
Most awaited revision lecture....Thank You Sir❤💯💯💯
Isse bada gift kuch nhi ho skta thank U sir.
Yes bro right