Question
A bank will open credit under a letter of credit on the
request of _________ .  ÂSolution
The importer or buyer is the person who applies to the bank to open a letter of credit, since he would be either purchasing goods or availing services for which payment has to be made. Â
Which of the following global e-commerce company becomes world's first listed firm to lose $1 trillion in market cap?
In which type of tax is the marginal tax rate higher than the average tax rate?
India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account o...
For grant of Miniratna Category-I status to Central Public Sector Enterprises (CPSEs), the CPSEs have made profit in the last ______ years continuously.
Within the AD-AS model, a phenomenon known as stagflation is best represented by a shift in which curve, and with what consequence for the short-run equ...
Which of the following bank renamed and nationalised as the State Bank of India in 1955?
What does the abbreviation "SIP" stand for in mutual funds?
What is the primary focus of the Priority Sector Lending (PSL) guidelines in India?
What is the minimum capital adequacy ratio required for Indian banks under the Basel III norms?
Canara Bank was nationalized in which of the following year?