I.Com part 2 Principles of Economics Chapter 3 Short Question Preparation

12th Class Principles of Economics
Chapter 3

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12th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 3 "ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation "

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Economics - ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation

Question # 1

What is Foreign Exchang bank.

  • Ans 1: These banks perform the function of exchange of currencies of differnet countries Dut to this transcactions in international trade become easy. These banks provide finaincial resoruces to the importers and exporters by discounting foreign bills of exchange. These banks issue drats also for foreign payments. In pakistna foreign banks Americna express, National and Grindlays bank. Chartered bank etc. are foreign exchange bank
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Prepare Complete Set Wise Questions For Chapter 3 "ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation "

ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation - Set 1

Question # 1

What is Foreign Exchang bank.

  • Ans 1: These banks perform the function of exchange of currencies of differnet countries Dut to this transcactions in international trade become easy. These banks provide finaincial resoruces to the importers and exporters by discounting foreign bills of exchange. These banks issue drats also for foreign payments. In pakistna foreign banks Americna express, National and Grindlays bank. Chartered bank etc. are foreign exchange bank
Submit

ICom Part 2 Principles of Economics Chapter 3 Short Questions Preparation - Set 2

Question # 1

What is credit creation.

  • Ans 1: Advancign of loans by the banks more than the deposits of the people is called credit creation.
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12th Principles of Economics Chapter 3 Preparation

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