What is 'Packing Credit'?
A. Finance extended to packing materials industry
B. Finance extended to an Importer to pack the goods imported
C. Finance extended to Warehouses for keeping the goods packages
D. Finance extended to an Exporter to meet the costs of buying and/ or making products to be exported
Answer: Option D
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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