Question
In a Letter of Credit (LC) , the role of __________ is
to guarantee the payment to the seller after verifying documents and fulfilling the terms of the LC .Solution
The Negotiating Bank is responsible for verifying documents submitted by the seller under the Letter of Credit and making the payment if everything is in order
 Interest income earned on investments made by NRIs in India on non-repatriation basis ____
Bills for collection are shown by the bank under which head?
Under the RBI’s guidelines, what is the maximum exposure to an individual borrower for UCBs with Tier 1 capital?
Sharath wants to promote one of his employees to lead the new production team. He prefers to promote an employee with a low LPC score. Which attributes...
Which of the following features best describes a Term Loan as compared to a Cash Credit facility?
Which of the following is the risk when a bank fails in honoring the commitment of payment of deposits to the customers due to inability to meet cash fl...
Name the risk which arises when bank’s image is not good and that leads to public’s loss of confidence in the bank.
According to the RBI's circular on unclaimed deposits, which section of the Banking Regulation Act, 1949 gives the RBI authority to issue instructions o...
What is correct for Securitization from the following statements? Â
What growth forecast for India did S&P Global Ratings retain for FY25?
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