Political Science, asked by missdeshekar4, 4 months ago


20. Which is the function of
exchange banks
Financing foreign trade
Transactions
Issue of letter of Credit
Discounting of bills of exchange
O
O All of above​

Answers

Answered by sakshikashyap374
0

Answer: All of above

explanation: The exchange banks finance the internal trade of the country. They finance the movement of goods from one commercial centre to another. They advance loans to traders and discount their bills of exchange.

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