| 1 |
The Kiind of non commercial letter of credit includes. |
- A. Traveler L.C.
- B. Circular note
- C. Credit card
- D. All of these
|
| 2 |
Feature of postal order |
- A. Serial no
- B. value
- C. Commission
- D. All of these
|
| 3 |
Non geogibale credit instruemnt are. |
- A. Letter of credit
- B. I.O.U
- C. Money order
- D. All of these
|
| 4 |
The L.C. which is accompanied by some documents is called. |
- A. Documentary L.C.
- B. Revolving L.C.
- C. Back to back L.C.
- D. Simple L.C.
|
| 5 |
The word IOU means. |
- A. I am your creditor
- B. I am your debtor
- C. I am your friend
- D. None of these
|
| 6 |
In L.C. the other name of importer's bank is. |
- A. Buyer bank
- B. Opening bank
- C. Issuing bank
- D. All of these
|
| 7 |
The change in demand and supply of foreign currency effects |
- A. Exchange rate
- B. Traveller's L.C
- C. Letter of credit
- D. None of these
|
| 8 |
Transfer of money from one palce to another place with the help of post office. |
- A. Cheque
- B. Draft
- C. Money order
- D. None of these
|
| 9 |
If there is no gurantee to honour the L.C. It is called. |
- A. Documentary L.C.
- B. Revolving L.C.
- C. Back to back L.C.
- D. Unconfirmed L.C.
|
| 10 |
Foreign exchange control reduces the |
- A. Circulation of capital
- B. Export of capital
- C. Import of capital
- D. None of the above
|
