Question
What is the key function of a Letter of Credit (LC) in
international trade?Solution
The primary function of a Letter of Credit in international trade is to ensure payment to the exporter upon compliance with specified terms and conditions, reducing risk for both the importer and exporter.
राजस् थान में कहाँ पर श्श्जैविक अभयारण् यश्श् स्थित ह�...
Which day is observed as National Technology Day?
What is the maximum age limit for joining PM Kisan Maandhan Old Age Pension Scheme?
ISRO signed 6 agreements with ____ countries to launch foreign satellites during 2021-23 as stated by Minister of State for Atomic Energy and Space Dr. ...
How many adolescent girls were awarded the Teelu Rauteli Award for the year 2022-23?
Where is Guru Ghasidas National Park located?
When Was the First National Panchayati Raj Day Observed in India?
What is the maximum limit for gold investing in a Sovereign Gold Bond Scheme by a trust?
How many sports persons have been selected for the Major Dhyan Chand Khel Ratna Award 2021?
Find the correct statement/s about SFURTI scheme which was lunched with the view to promote Cluster development.
...