………………….. means financial transaction where exporter sells his accounts receivables to the 3rd party @a lesser rate in exchange for instant cash.

Related MCQs

• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a fund based financial service, provides resources of finance receivable as well as facilities the collection of receivables.
• 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.
• In the case of securitisation, the trade debts and receivables are mostly in the nature of _____.
• Under “securitisation process”, ---------- are instruments which issued subsidiary company in respect of receivables of holding or parent company
• Whose long term receivables were securitised first in India?
• Discounting of bills of exchange is an attractive ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ based financial service provided by the finance companies.
• …………….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.
• If funds sells securities that have increased price the fund has………….. Gain.
• The term ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ refers financial investment in a highly risky and growth oriented venture with the objective of earning a high rate of return.