Question # 1

Stock certificates are issued by.

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Cental bank

Stock market

Limite Company

Partnership

If there is no gurantee to honour the L.C. It is called.

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Documentary L.C.

Revolving L.C.

Back to back L.C.

Unconfirmed L.C.

Which of the following changes cause to change in foreign exchange rate

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Change in export and imports

Change in capital flow

Change in bank rate

All the above

Generally, the instruments which are used in foreign receipts and payments called

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Exchange rate

Foreign exchange

Letter of credit

All of the above

Upper specie point is got by adding the delivery charges in following metal

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Silver

Gold

Iron

Copper

The Kiind of non commercial letter of credit includes.

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Traveler L.C.

Circular note

Credit card

All of these

The bank that makes payment to the exporter after receiving L.C. is called.

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Advising bank

Informatory bank

Paying bank

All of these

Parties involved in I.O.U

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Three

Four

Two

Five

Foreign exchange control reduces the

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Circulation of capital

Export of capital

Import of capital

None of the above

Content of money order includes.

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Fixed amount

Non transferable

Identification

All of these

Which method is mostly used in making foreign payment

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Foreign bills of exchange

By post

By telegraph

None of these

Postal order is the example of.

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Negotible credit instrument

Cash instruent

Non negotiable credit instrument

None of these

The purpose of credit card is.

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Sell goods

Control credit

Purchase goods

None of these

Which of the following nature does IOU have.

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An authograph

A monograph

A sonograph

A holograph

What is the objective of foreign exchange control

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To stabilize exchange rate

To increase government revenue

Favorable balance of payment

All the above

The change in demand and supply of foreign currency effects

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Exchange rate

Traveller's L.C

Letter of credit

None of these

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