New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following transactions will result in a

    Fund Based exposure for a Bank?  
    A Advising a Letter of Credit Correct Answer Incorrect Answer
    B Booking a Forex Forward Contract for export receivables Correct Answer Incorrect Answer
    C Collection of export documents under a Letter of Credit Correct Answer Incorrect Answer
    D Discounting export documents under a Letter of Credit Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next

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