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Banking General Awareness Industry, Trade and International Organisation Question Bank Industry, Trade and International Organisation

  • question_answer
    In Trade Finance, a financial transaction involving the purchase of receivables from exporters by a third party who takes all the risks associated with the receivable is known as                                                        [SBI PO 2014]

    A)  Forfeiting         

    B)  Securitisation

    C)  Negotiation      

    D)  Factoring

    E)  Assignment

    Correct Answer: A

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