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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
Select the most appropriate antonym of the given word.
MINISCULE
Head of monks in an abbey
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or
In the questions that follow, a word has been given which is used in three different sentences, in similar or different context. Choose the sentence(s) ...
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s th...
Helm
A. Please helm me with the right choice.
B. He has been at the helm of Lonrho for 31 years.
C. Isaac resembled a captain a...
Hover
A. Seagulls hover over the surging waves.
B. I saw some spies hovering my house.
C. Hard work never did anyone any hover...
A person, especially a young one, with exceptional abilities.
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIA...