Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?

Related Mcqs:

The term Mark-up refers to________________?

A. Rise in the price of an item for sale B. An amount added to cost price in calculating selling price C. Both of them D. All of them...

Name a market that is characterized by a small number of producers who often act together to control the supply of a particular good and its market price ?

A. Oligopoly B. Monopoly C. Oligopsony D. Grey market...

Inflation means ?

A. Rise in budget deficit B. Rise in money supply C. Rise in general price index D. Reflection...

What term is given to unemployment caused by a downturn in the business cycle ?

A. Underemployment B. Disguised unemployment C. Temporary unemployment D. Cyclical unemployment...

How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?

A. Open door market B. Open door country C. Open sky market D. Free economy...