| 1 |
In L.C. the other name of exporter's bank is. |
- A. Paying bank
- B. Advising bank
- C. Negotiating bank
- D. All of these
|
| 2 |
Non geogibale credit instruemnt are. |
- A. Letter of credit
- B. I.O.U
- C. Money order
- D. All of these
|
| 3 |
The Kiind of non commercial letter of credit includes. |
- A. Traveler L.C.
- B. Circular note
- C. Credit card
- D. All of these
|
| 4 |
Upper specie point is got by adding the delivery charges in following metal |
- A. Silver
- B. Gold
- C. Iron
- D. Copper
|
| 5 |
The example of non commercial letter of credit. |
- A. Red clause L.C.
- B. Green clause LC.
- C. Traveler's L.C.
- D. Documentary L.C.
|
| 6 |
The term foreign exchange includes |
- A. Bank draft
- B. Letter of credit
- C. Foreign B/E
- D. All the above
|
| 7 |
Which party to L.C. is called beneficiary. |
- A. Import
- B. Export
- C. Advising bank
- D. Opening bank
|
| 8 |
the developed form of red claause L.C. is. |
- A. Revocable L.C.
- B. Green clause L.C.
- C. Unconfirmed L.C.
- D. All of these
|
| 9 |
The bank that makes payment to the exporter after receiving L.C. is called. |
- A. Advising bank
- B. Informatory bank
- C. Paying bank
- D. All of these
|
| 10 |
In L.C. the other name of importer's bank is. |
- A. Buyer bank
- B. Opening bank
- C. Issuing bank
- D. All of these
|
