Which of the following is not a source of FCY earning?

Economics
Which of the following is not a source of FCY earning?

ScanSolve AI Answer

Step 1: Question 6
Foreign money transfer is handled by NRB directives, letters of credit, and commerce bank directions, but not by seminars, symposia, or workshops.

Answer: C
C

Step 2: Question 7
FCF refers to fee/commission/foreign currency-based earnings for banks. Remittance and service receipts qualify, but insurance and air service do not (they are separate sectors).

Answer: B
B

Step 3: Question 8
The main cost-side cause for branch losses is high interest expense due to heavy reliance on costly deposits.

Answer: B
B

Step 4: Question 9
A suspense account in the general ledger is used for temporarily recording unbalanced or doubtful transactions until resolved.

Answer: A
A

Step 5: Question 4
Receivables are categorized as long outstanding if unsettled for more than one year (per standard banking provisioning norms).

Answer: A
A

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