N. S. Toor Solutions for Chapter: Foreign Exchange Operations, Exercise 2: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS

Author:N. S. Toor

N. S. Toor General Knowledge/General Awareness Solutions for Exercise - N. S. Toor Solutions for Chapter: Foreign Exchange Operations, Exercise 2: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS

Attempt the practice questions on Chapter 5: Foreign Exchange Operations, Exercise 2: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS with hints and solutions to strengthen your understanding. Hand Book Of Banking Information solutions are prepared by Experienced Embibe Experts.

Questions from N. S. Toor Solutions for Chapter: Foreign Exchange Operations, Exercise 2: FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Where an advance is allowed against un-draw balances of an export consignment, which of the following is correct:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

If an advance is given against retention money, which of the following statement is correct:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following is correct regarding the maximum period of concessive rate of interest:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Where exports are through warehouse cum display centers abroad, the period of realization period of exported goods is:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Duty drawback advance is allowed by banks on the basis of:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

In case of deemed exports, the advance at post-supply period is required to be adjusted within:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Interest rate ceiling prescribed by RBI for export credit is:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

In which of the following cases, the period of rate of interest on export credit is restricted to 90 days: