Question
Which of the following statements is true about a Letter
of Credit (LC)?Solution
LC assures the exporter that the payment will be made by the bank upon fulfillment of terms.
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
The Paris Agreement is a legally binding international treaty on climate change whose overarching goal is to hold the increase in the global average t...
What is the purpose of setting up of Small Finance Banks (SFBs) in India?
1. To supply credit to small business units
2. To supply credit ...
Which of the following is NOT eligible to purchase electoral bonds?
Consdier the following statement about International Food Policy Research Institute (IFPRI):
I. IFPRI was established in 1976.
II. It prov...
The Reserve Bank of India regulates the commercial banks in matters of :
1. liquidity of assetsÂ
2. branch expansion
3. merger of ...
Which of the following is not one of the Domestic Systemically Important Banks (D-SIBs)?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
A market in which there are large numbers of sellers of a particular product, but each seller sells somewhat differentiated but close products is termed...
Identify the institution that accepts deposits, makes loans, and makes investments with the intent of profiting.
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