| 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 |
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.
|
| 3 |
Generally, the instruments which are used in foreign receipts and payments called |
- A. Exchange rate
- B. Foreign exchange
- C. Letter of credit
- D. All of the above
|
| 4 |
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.
|
| 5 |
The Kiind of non commercial letter of credit includes. |
- A. Traveler L.C.
- B. Circular note
- C. Credit card
- D. All of these
|
| 6 |
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
|
| 7 |
The purpose of credit card is. |
- A. Sell goods
- B. Control credit
- C. Purchase goods
- D. None of these
|
| 8 |
Content of money order includes. |
- A. Fixed amount
- B. Non transferable
- C. Identification
- D. All of these
|
| 9 |
Parties involved in postal order |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 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
|
