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Banking Awareness · Q363

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 363

Q363

Factoring is

A.
a means of financing traders and manufactures by taking over their receivables
Answer
B.
a means of providing post-shipment finance to exporters
C.
a type of agriculture financing
D.
None of these

Answer: Option A

Solution

Answer: Option A
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