Discounting of bills of exchange is an attractive ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ based financial service provided by the finance companies.

Related MCQs

• …………….banks can borrow from the Reserve Bank of India based on the eligible securities or get the financial assistance in times of need by rediscounting bills of Exchange.
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a fund based financial service, provides resources of finance receivable as well as facilities the collection of receivables.
• ------- is referred as both fund based and fee based financial service.
• “Confidential invoice discounting” is another name of
• Financial service companies exclude ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• Indian Financial System consists of financial market,…………….. and Financial intimidation.
• …………… accounting is a financial reporting process which records the results of inflation on the financial statement that a firm prepare and published at the end of the financial year.
• The additional finance provided by VCFs to overcome fledging stage is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• ............. is the design, the development and the implementation of innovative financial instruments and processes and the formulation of creative solutions to problem of finance.
• .............. Is an “invoice based export finance” technique.