Under forfaiting the client is able to get credit facility to the extent of_______
a. 100% of the value of the export bill
b. 80% of the value of the export bill
c. 90% of the value of the export bill

1 Answer

Answer :

a. 100% of the value of the export bill

Related questions

Description : The central theme of forfaiting is the purchasing of ________by a financial service company. d. Trade bill e. Export bill f. Import bill

Last Answer : e. Export bill

Description : Which of the following is not necessarily a party to a forfaiting transaction? a. Exporter b. Broker c. Bank

Last Answer : b. Broker is not necessarily a party to a forfaiting transaction. Forfaiting is a financing technique used in international trade to mitigate the risk of non-payment by the importer. It involves ... be involved in facilitating the transaction, but it is not a necessary party to the transaction.

Description : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash

Last Answer : (a) Cheque

Description : Credit card facility is an excellent example of revolving credit_____(a) Cash credit b) secured credit c) revolving credit)

Last Answer : c) revolving credit)

Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration

Last Answer : to the extent of capital gain invested in the house property

Description : Which of the following percentage of foreign exchange earnings can be credited to the EEFC account? A. 80% B. 90% C. 75% D. 95% E. 100%

Last Answer : E. 100% Explanation: under EEFC account, a facility provided to the foreign exchange earners, including exporters, to credit 100 per cent of their foreign exchange earnings to the account. ... have to convert foreign exchange into Rupees and vice versa, thereby minimizing the transaction costs.

Description : The product of 60% of a number and 125% of another number is what percent of the product of the original numbers? 1 : 90% 2 : 75% 3 : 80% 4 : 100% 5 : None of these

Last Answer : 2 : 75%

Description : Plant lost water in transpiration upto the extent of (a) 80%(b) 90% (c) 95% (d) 99%

Last Answer : (d) 99%

Description : valuer should not use or divulge to other clients or any other party any confidential information about the ______ company. a) subject b) client c) public d) listed

Last Answer : a) subject

Description : The process of selling trade debts of a client to a financial intermediary is called______ a. Factoring b. Securitisation c. Materialisation

Last Answer : a. Factoring

Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued

Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Description : The credit default spread method of valuation of a guarantee given by a parent company on behalf of its subsidiary involves estimating the value ____________. a) using credit default spread based on ... guarantor c) based on probability of default d) of the guarantee using an option pricing model

Last Answer : a) using credit default spread based on the credit rating of the subsidiary

Description : he practice of discounting accommodation bills is known as ________ a. Night bill b. Kite flying c. Knight bill

Last Answer : b. Kite flying

Description : The _______ bill is properly stamped. a. Demand b. Usance c. Expired

Last Answer : b. Usance

Description : The greatest security for a banker is that a________ a. Bill of Exchange b. Mutual fund c. Commercial Paper

Last Answer : a. Bill of Exchange

Description : Which of the following is true about the Accounts Receivable Lag and its implications on demand? a. If you offer no credit, demand falls to about 60% of normal. b. At 30 days, demand is 90%. c. At 45 days, demand is 95%. d. At 60 days, demand is 98.5%. e. At 90 days, demand is 100%.

Last Answer : d. At 60 days, demand is 98.5%.

Description : Under the SEBI (Share Based Employee Benefits) Regulations, 2014, appreciation means the difference between the ______________. a) market price of the share of a company on the date of exercise of stock ... a company on the date of exercise of share appreciation right (SAR) and the SAR price.

Last Answer : market price of the share of a company on the date of exercise of stock appreciation right (SAR) or vesting of SAR, as the case may be, and the SAR price.

Description : ___________ is the risk that an issuer will fail to satisfy the terms of the agreement with respect to the timely payment of interest and principal. a) Default risk b) Credit spread risk c) Volatility risk d) Downgrade risk

Last Answer : a) Default risk

Description : ______ is used to estimate the worthiness of the credit for company, country or any individual company. .(a) credit evaluation b) Credit rating c) both )

Last Answer : b) Credit rating

Description : ______ is a privilege of credit card offered to the family members i.e. spouse, parents or children above 18 years of age of the primary credit card holder. (a) Add- plus card b) Add on card c) both)

Last Answer : b) Add on card

Description : _____ is useful in differentiating credit quality. .(a) Credit rating b) credit evaluation c) both )

Last Answer : (a) Credit rating

Description : ______ is an isolated function of a credit risk evaluation.(a) Credit rating b) credit evaluation c) both )

Last Answer : (a) Credit rating

Description : _____ is a process of evaluating risk associated with the credit instrument.(a) Credit rating b) credit evaluation c) both )

Last Answer : (a) Credit rating

Description : Credit rating is an expression of credit rating agencies regarding debt instrument on a specific date on______. (a) Risk evaluation b) Product c) services)

Last Answer : (a) Risk evaluation

Description : The limitations of credit rating include______.(a)Rating changes b) Industry specific c) both)

Last Answer : c) both)

Description : The credit ratings are expressed as____.(a) Alphabetical b) Alpha numerical c) both)

Last Answer : b) Alpha numerical

Description : ______ is the opinion of the rating agency on the relative ability and willingness of the issuer of the debt instrument to meet the debt service obligation as and when the arise. (a) merit rating b) credit rating c) rating by merchant banker )

Last Answer : (a) merit rating

Description : An applicant scoring more than ______ point is considered as one with goods credit standing.(a)50 b)70 c) 40)

Last Answer : b)70

Description : Methods of consumer credit scoring are______.(a) Specific Fixed Formula b)Machinery risk formula c) Both)

Last Answer : c) Both)

Description : Credit Protection is available in ______ a. Without Recourse factoring b. With recourse factoring c. None of the above

Last Answer : a. Without Recourse factoring

Description : The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as _______ a. Liquidity b. Credit c. Marketability

Last Answer : a. Liquidity

Description : How Much of the total area cultivated is under Irrigation System? A. 60% B. 70% C. 80% D. 90%

Last Answer : ANSWER: B

Description : Under the SARFAESI Act, 2002, the Central Registrar may allow the filing of the particulars of creation of security interest within _____ next following the expiry of the period of initial thirty days on payment of additional fee. a) Ten days b) Thirty days c) Twenty-five days d) Fifteen days

Last Answer : b) Thirty days

Description : A Tribunal makes an order under section 230 of the Companies Act, 2013 sanctioning a compromise or an arrangement in respect of a company. In this context, strike the odd one out: a) It will ... . c) It can modify the order or compromise. d) It can ask for creditors' responsibility statement.

Last Answer : d) It can ask for creditors’ responsibility statement.

Description : Under the Insolvency and Bankruptcy Code, 2016, the fees of the liquidator is paid from the proceeds of sale of the ____________of the corporate debtor. a) unencumbered liabilities b) liquidation assets c) liquidation fund d) unencumbered reserves

Last Answer : b) liquidation assets

Description : Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Last Answer : c) Payment of wages to employees

Description : Under the Insolvency and Bankruptcy Code, 2016, debts owed to a secured creditor in the event such secured creditor has relinquished security ranks equally with ___________. a) insolvency ... period of twelve months preceding the liquidation commencement date d) dues to Central Government

Last Answer : b) workmen’s dues for a period of 24 months prior to liquidation commencement date

Description : Who determines the amount of claim due to a creditor under the Insolvency and Bankruptcy Code, 2016? a) Committee of Creditors b) Resolution Professional c) Adjudicating Authority d) Corporate Debtor

Last Answer : b) Resolution Professional

Description : Salary under section 17(1) of the Income Tax Act, 1961 does not include _____. a) wages b) pension c) interest d) gratuity

Last Answer : interest

Description : Which of the following can be transferred under the Transfer of Property Act, 1882? a) An easement along with the dominant heritage b) Political pension c) Succession d) Stipends allowed to the civil pensioners of the Government

Last Answer : a) An easement along with the dominant heritage

Description : Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings

Last Answer : a) Enterprise

Description : Who is the authority for registration of valuers under the Companies (Registered Valuers and Valuation) Rules, 2017? a) MCA b) NFRA c) IBBI d) NCLT

Last Answer : c) IBBI

Description : n the context composition of the committee to advise on valuation matters under the Companies (Registered Valuers and Valuation) Rules, 2017, strike the odd one out: a) One member nominated by the MCA

Last Answer : Two members nominated by the RBI

Description : For conduct of forced degradation studies under acidic conditions, which of the following substance is used? A. HCl B. H2SO4 C. HNO3 D. Citric acid

Last Answer : A. HCl

Description : How many batches should be considered for stress testing under basic conditions testing as per ICH? A. At least 3 B. At least 2 C. At least 1 D. At least 5

Last Answer : A. At least 3

Description : ______Card can be issued to parties for undertaking any activities coming under the purview to direct finance to agriculture.(a) secured b) unsecured c) Fixed )

Last Answer : b) unsecured

Description : NBFC is a company registered under _________. a. The Indian Contract Act b. The Companies Act, 1956 c. The RBI Act

Last Answer : c. The RBI Act

Description : Banking sector comes under which of the following sectors ________. a. Marketing sector b. Service sector c. Industrial sector

Last Answer : b. Service sector

Description : The terminal value in year 6 is closest to __________. a) Rs.22.57 b) Rs.20.42 c) Rs.24.30 d) Rs.25.70

Last Answer : a) Rs.22.57

Description : The per share value Dev should assign to RC Ltd. is closest to ___________. a) Rs.15.35 b) Rs.20.86 c) Rs.17.35 d) Rs.18.46

Last Answer : c) Rs.17.35