Certified in Foreign Exchange
Adapted for Indian International TradeDescription
The assessment provided is a question bank on foreign exchange . The questions cover various aspects of foreign exchange, including banking days, types of banks involved in LC transactions, different types of LCs, FEMA regulations, foreign exchange limits for individuals, interest rates for FCNR(B) accounts, currency declaration forms, borrowing in foreign currency, export-related facilities, UCPDC provisions, and various charges applicable in foreign exchange transactions.The answers to the questions are also provided, allowing students to check their understanding and knowledge. The answers are presented in a clear and concise manner, with each question number and corresponding answer letter indicated.