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    Question

    Which of the following is an example of funded credit

    facility?
    A Letter of Credit Correct Answer Incorrect Answer
    B Bank Guarantee Correct Answer Incorrect Answer
    C Cash Credit Correct Answer Incorrect Answer
    D Performance Guarantee Correct Answer Incorrect Answer
    E Forward Contract Correct Answer Incorrect Answer

    Solution

    Cash Credit involves actual disbursal of funds, making it a funded facility. Others are contingent or non-funded.

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