100+ Financial Markets and Services Solved MCQs

101.

In factoring business sells its accounts receivable to a third party at a

A. Discount
B. Profit
C. Premium
D. None of these
Answer» A. Discount
102.

a bank that offers service to general public and to companies is called

A. Reserve Bank
B. Commercial bank
C. Savings bank
D. All of these
Answer» B. Commercial bank
Tags
Question and answers in Financial Markets and Services, Financial Markets and Services multiple choice questions and answers, Financial Markets and Services Important MCQs, Solved MCQs for Financial Markets and Services, Financial Markets and Services MCQs with answers PDF download