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Banking Awareness · Q347

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 347

Q347

What is 'Packing Credit'?

A.
Finance extended to packing materials industry
B.
Finance extended to an Importer to pack the goods imported
C.
Finance extended to Warehouses for keeping the goods packages
D.
Finance extended to an Exporter to meet the costs of buying and/ or making products to be exported
Answer

Answer: Option D

Solution

Answer: Option D
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