<p>The correct answer is: <strong>commercial policy</strong>.</p>
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<p><strong>Explanation:</strong></p>
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<p><strong>Commercial Policy</strong> refers to the government`s strategy and regulations related to <strong>exports and imports</strong>, including tariffs, trade restrictions, and incentives.</p>
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<p>It governs how a country manages its trade with other nations.</p>
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</ul>
<p>The other options:</p>
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<p><strong>Monetary Policy:</strong> Deals with money supply, interest rates, and banking.</p>
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<p><strong>Fiscal Policy:</strong> Relates to government revenue (taxation) and expenditure.</p>
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<p><strong>Finance Policy:</strong> Broad term often related to government financial management, but not specifically trade.</p>
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</ul>
<p>So, for exporters and importers, the <strong>commercial policy</strong> is the relevant government strategy.</p>
Correct Answered :
Wrong Answered :
3. Due date of a bill exchange drawn on 30th January 2011 for one month will be _____
<span><div>To calculate the due date of a bill of exchange drawn on January 30, 2011, for one month, we follow these steps:</div><div><br></div><div>1. **Calculate one month from January 30, 2011.** </div><div> - One month from January 30 is February 28, 2011, because February only has 28 days in 2011 (not a leap year).</div><div><br></div><div>2. **Add the grace period.** </div><div> - In many financial transactions, a grace period of 3 days is typically added to the due date.</div><div><br></div><div>So, adding the 3-day grace period to February 28, 2011, we get:</div><div><br></div><div>February 28 + 3 days = March 3, 2011.</div><div><br></div><div>Therefore, the due date of the bill of exchange drawn on January 30, 2011, for one month is **March 3, 2011**.</div></span>