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Commerce · Q160

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 160

Q160

Letters of credit, Guarantees, Forward Contracts etc., come under which one of the following?

A.
Liabilities of a bank
B.
Assets of a bank
C.
Foreign exchange items of a bank
D.
Off-balance sheet items of a bank
Answer

Answer: Option D

Solution

Answer: Option D
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