Question
In a Letter of Credit (LC) transaction, which entities
typically play a role in addition to the issuing bank, advising bank, and beneficiary?Solution
In a Letter of Credit transaction, entities like export credit agencies, foreign exchange brokers, and escrow agents may play additional roles in the process.
MUDRA Bank, is a subsidiary of which of the following bank?
Which of the following is not considered as direct instruments of RBI?
The main purpose of preparing a Bank Reconciliation Statement is:
“Where India Banks” is the tagline of ____________ .
A train running with a speed of 108 km/hr can cross a pole in 22 seconds and a platform in 25 seconds. Find the length of the platform.
Consider the following statement with reference to the Special Drawing Rights(SDRs).
A) It is an international reserve asset created by the IM...
Expand the term ALM as used in Banking/Finance sector.
Which of the following can be a Pre-Paid Instrument (PPI)?
i. Smart Card
ii. Mobile Wallet
iii.Internet accounts
Maximum limit of SLR is
Three Banks were merged into one Bank i.e, Imperial Bank in 1921. They are: