Business studies questions 11th&12th in pic
Answers
Q.2. objective of 'exim policy '
To facilitate sustained growth in exports from India and import in India. To stimulate sustained economic growth by providing access to essential raw materials, intermediates, components, consumables and capital goods scheme required for augmenting production and providing services.
Q.4.benefits of E-business :
(1) Better Communication and Faster Decision-Making.
(2) E-business allows for conversations to happen quickly.
(3) Faster decision-making saves time, and time is money in business.
(4) E-business allows people to communicate in several ways that facilitate understanding.
Q.6. letter of credit in export trade :
Letter of credit is an assurance given by the buyer's bank to remit the amount to the seller through seller's bank on maturity, as per the terms and conditions of document based on the contractual agreement between buyer and seller.
Explanation:
justjust check the pictures which I have send you if you feel any confusion please ask me again the answers are one by one I haven't mentions the question number.
