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प्रश्न
How do exchange banks help in financing foreign trade?
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उत्तर
Exchange banks aid in funding foreign trade by issuing letters of credit, enabling international payments, providing foreign exchange services, and supplying trade financing options such as export and import loans. These services facilitate and secure transactions between exporters and importers from various nations.
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संबंधित प्रश्न
Any ‘five types’ of banks.
A bank which is known as bankers bank.
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Central bank (RBI) connot accept deposit from the public.
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