MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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Who regulates the foreign trade in India?

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Important Questions on Foreign Exchange Operations

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 8
Who among the following announces foreign trade policy in India?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 9
If resident Indian proceeds to Nepal for taking up employment. His saving bank with your branch in India will be designated as:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 10
The statutory authority which administers the exchange control in India:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 11
The recommendations regarding capital account convertibility were given by a committee known as:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 12
Who among the following can set up an Overseas Banking Unit in SEZS?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 13
An 100% export oriented unit is one which:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 1
Purchase transactions by banks in the context of foreign exchange mean:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 5 - Foreign Exchange Operations>FOREIGN EXCHANGE - OBJECTIVE TYPE QUESTIONS>Q 2
In respect of sale or purchase of foreign exchange, which among the following principles (MAXIM) would be followed, when the rate is the direct rate?