| 1 |
Feature of postal order |
- A. Serial no
- B. value
- C. Commission
- D. All of these
|
| 2 |
I.O.U. Is a credit instrument. |
- A. Negotiable
- B. Non Negotiable
- C. Partial Negotiable
- D. Conditional negotiable
|
| 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 |
The purpose of credit card is. |
- A. Sell goods
- B. Control credit
- C. Purchase goods
- D. None of these
|
| 5 |
Paying bank with respect to a letter of credit is called. |
- A. Advising bank
- B. Informatory bank
- C. Both these
- D. None of these
|
| 6 |
If the demand of any country's currency increases then rate of exchange becomes |
- A. Favorable
- B. Unfavorable
- C. Both a and b
- D. None of these
|
| 7 |
Letter of credit state a limit of. |
- A. Credit
- B. Time period
- C. Bank
- D. None of these
|
| 8 |
Which of the following is a non commercial L.C. |
- A. Revolving L.C.
- B. Traveler 's cheque
- C. Unconfirmed L.C.
- D. Special L.C.
|
| 9 |
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
|
| 10 |
Which of the following theories is associated with the working of international gold standard |
- A. Mint par parity theory
- B. Purchasing power theory
- C. Balance of payments theory
- D. All of the above
|
