Dear Readers
Now as the interview dates of SBI PO and IBPS PO are scheduled we bring to you very common banking interview questions with out set No 16 based on foreign Exchange. We will be updating material and Videos on a regular basis to help maximum number of candidates to cherish their dreams.
Usually the time interval for interview for SBI PO and IBPS PO lies between 7-9 minutes and more depending on the interest you are generating.
Questions
5. What is supplier Credit ?
Answer:: Supplier’s credit is defined as a financial credit facility that is extended to a local buyer by the foreign seller/Bank / Financial Institution, preferably the sellers country. The local Bank will issue the usance bill under the LC for the importer and in run the foreign bank will discount the LC.
6. What is the definition of a sick Unit
Answer:: As per guidelines, a micro or small enterprise may be said to have become sick if the installments for the loan taken has not been repaid for the past 3 months.
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