Question
Which of the following is NOT a direct party to a Letter
of Credit (LC)?Solution
The main parties to a Letter of Credit are: • Applicant (Importer) • Issuing Bank • Beneficiary (Exporter) • Advising or Confirming Bank Insurance companies are not direct parties, though they may provide cargo or credit insurance separately.
Choose the correct combination of grammatically incorrect sentences
I. Until the time I went to IIM Bangalore for public policy education, that...
The Centre’s bid to dispel the pall of gloom over the economy (have been helped) in recent weeks by a rating.
The traffic police of three urban districts (A)/are planning to set a new speed limit for (B)/vehicles passing in the main roads (C).
The protection offers by vaccination has been touted as a major factor in reducing the damage caused by the third wave of Covid-19 infections.
...We Indians by nature are extremely emotional.
S6: What must be appreciated is that none of the members of the Indian team has reacted to this m...
In the following question, four words are given, out of which only one word is correctly spelt. Find the correctly spelt word.
We have sufficient food and clothing about the flood victims in Kerala.
Addressing the participants since inaugurating (A)/the conclave, the minister said (B)/water and sanitation is a significant sector (C).
Choose the correct order of sentences to form a meaningful paragraph.
Choose the correct combination of grammatically incorrect sentences
I. The ongoing shortage of semiconductor chips, which has disrupted global...
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