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    Question

    _______ bank has recently launched the service of Cross

    - Border trade finance?
    A Bank of India Correct Answer Incorrect Answer
    B Punjab National Bank Correct Answer Incorrect Answer
    C Union Bank of India Correct Answer Incorrect Answer
    D State Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Bank has launched Trade nxt, a cross border trade finance service for Indian exporters and importers to enable enterprises to conduct all export/import transactions, including entry and processing of letters of credit, bank guarantees, export/import bills, disbursement of export credit, outward and inward remittances and dealer financing.

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