Which of the following services is rendered by Central Bank?
provision of brokerage services
safe keeping of cash and valuables
discounting bills of exchange
issuing currency notes
Correct answer is D
No explanation has been provided for this answer.
The primary objective of insurance is to
prevent accidents
meet uncertainties in future
give loan to business men
ontrol the flow of cash
Correct answer is C
No explanation has been provided for this answer.
A bill of exchange is made up more negotiable if it has been
endorsed
accepted
honoured instantly
given special crossing
Correct answer is B
No explanation has been provided for this answer.
A bill of exchange is made more negotiable if it has been
endorsed
accepted
honoured instantly
given special crossing
Correct answer is B
No explanation has been provided for this answer.
C % F as a price quotation in foreign trade means that the buyer
is responsible for clearing and forwarding the goods
has to pay for cost and freight
pays for both the freight and insurance
pays for insurance only
Correct answer is B
No explanation has been provided for this answer.