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.
Consider the following statement about MUDRA Yojana:
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2. Kishore Loan: Loans ranging from...
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3. Special securities issued to RBI
Which of these is/are co...
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(1) These mea...
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The government recently imposed a windfall tax on the export of diesel, petrol and air turbine fuel. With reference to the windfall tax in India, consid...
Which of the following Organisation collaborated with the Ministry of MSME and Energy Efficiency Services Ltd to Implement Energy efficiency Project in ...
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