Question
Under which type of Letter of Credit (LC) is advance
payment allowed to the beneficiary before shipment?Solution
A Red Clause LC allows the beneficiary (exporter) to receive advance payment before shipping goods. It supports procurement or production ahead of dispatch and is useful in international trade finance.
Which one of the following states Gulf of Khambhat is situated?
"Shoolini Fair" is celebrated in which Indian state?
Which of the following is used to make the presentation in a Computer system?
Buddhism spread in Kashmir during the reign of which king?
 International schools are managed by?
Which state has recently become the first state to map all accident black spots on the Mappls App?
As of February 2020, who is the President of Sri Lanka?
On which day is Krishna Janmashtami celebrated during the dark fortnight of Bhadrapada?
Which bank has announced the launch of its online platform, 'Trade Emerge', to offer comprehensive digital banking and value-added services to exporters...
Consider the following pairs:Â
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