HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

The maximum time limit for the realisation of export proceeds is not correct in which of the following?
(a)Normal exporters – months
(b)Warehouse exports – months
(c) EOU/ STP/EHTP units- months
(d)Special economic zone units-no time limit

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Important Questions on Foreign Exchange Operations
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
A diamond dollar account can be opened by companies/firms etc. dealing in purchase / sale of rough or cut or polished diamonds, if he is having a track record of _____ years and annual average turnover is at least _____ during the last licensing years:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The maximum no. of diamond dollar account opened by companies/firms etc. dealing in purchase / sale of rough or cut or polished diamonds, is restricted to:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
If an Indian company wants to open office overseas, the AD-category banks can permit remittance for setting up expenses up to _of average turnover of previous years or up to _ of the net worth, whichever is higher:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
If an Indian company wants to open an office overseas, the AD-category 1 banks can permit remittance for normal business expenses up to _____ of the average turnover of previous years-

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
An exporter receiving advance against export supply can accept the advance where the supply is to take place within _____.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
An exporter receiving advance against export supply can accept the advance and pay maximum interest rate of:

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
AD-category I banks can send documents directly to the consignees in respect of goods and software accompanied by a declaration that they have value not more than _____.

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Where an export bill remains outstanding for more than 6 months from date of export, banks are to submit to RBI, a statement on form ____, at the end of June and Dec, within ____ :
