Question
A ___________ is a type of letter of credit which
authorises the Advising Bank, to transfer the credit available to one or more other beneficiaries at the request of the original b eneficiary?Solution
A transferable credit is one that can be transferred by the original (first) beneficiary to one or more second beneficiaries. Unless specifically stated an LC is not transferable i.e. the LC is deemed to be transferable only if it is stated to be ‘Transferable’ in the LC. Second beneficiary has no right to transfer to third beneficiary
Which essential soil nutrient is fundamental for the development of roots and the transfer of energy in plants?
The Gurmukhi paper called Swadesh Sewak, which advocated social reforms and also asked Indian troops to rise in revolt against the British was brought ...
Largest River of India
The decimal equivalent of (1101)2 is:
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B. Afforestation can balance our ecosystem...
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______ is the world's second largest and second most populous continent as per UN World Population Prospects 2019.
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