Which of the following statement is true for BIS (Banks for International Settlement)?
A. It seeks to promote global cooperation between countries. It also helps nations suffering from a financial crisis
B. It is sometimes called 'the central bank of central banks' or 'the last resort lender'
C. Both A and B are correct
D. Both A and B are incorrect
Answer: Option C
This Question Belongs to Management >> International Finance And Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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