Economic and Corporate News (Current Affairs): Questions 1168 - 1171 of 1306

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Question number: 1168

» 2018 » June

» Economic and Corporate News » Commerce

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MCQ▾

Question

Which of the following is not the type of Letters of Credit?

I. Traveler’s letter of credit

II. Commercial letter of credit

III. Revolving letter of credit

IV. Confirmed letter of credit

Choices

Choice (4) Response

a.

I, II and IV

b.

I, III and IV

c.

II, III and IV

d.

None of the above

Question number: 1169

» 2018 » June

» Economic and Corporate News » Commerce

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MCQ▾

Question

Cabinet Approves the Commercial Courts, Commercial Division and Commercial Division of High Courts (Amendment) Bill, 2018. The bill aims to

I. create a positive image particularly among the foreign investors about the independent and responsive Indian legal system.

II. provide for faster resolution of matters relating to commercial disputes.

III. brings down the specified value of a commercial dispute to 3 Lakhs from the present one Crore

Choices

Choice (4) Response

a.

Only I

b.

I, II and III

c.

Only III

d.

Question does not provide sufficient data or is vague

Question number: 1170

» 2018 » June

» Economic and Corporate News » Commerce

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MCQ▾

Question

Recommendations on E-way Bill made during meeting of the GST council. Which of the following is/are the benefits of the E-Way Bill?

I. Checks & Balances

II. User Friendly

III. Conversion rate optimization

IV. No waiting time

V. Taxpayers/Transporters

Choices

Choice (4) Response

a.

II, III and IV

b.

I, II, IV and V

c.

Only III

d.

I and III

Question number: 1171

» 2018 » June

» Economic and Corporate News » Commerce

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MCQ▾

Question

Which of the following statement is not true for Burn Standard Company Ltd. ?

I. Company had 2 engineering units at Howrah & Burnpur in West Bengal.

II. It is a Central Public Sector Enterprise (CPSE) under Ministry of Railways.

III. Company’s headquarters are at Kolkata & West Bengal.

IV. Closure of Burn Standard Company Ltd. (BSCL) was approved on 4th April 2018.

Choices

Choice (4) Response

a.

Only IV

b.

Only III

c.

I, II and III

d.

None of the above

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