A ______ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions have been met.
Letter of Credit is a written undertaking given by a bank (issuing bank) to the seller or exporter (beneficiary) on the instruction of the buyer or importer (applicant) to pay at sight or at a determinable future date up to a stated amount of money subject to the beneficiary’s satisfactory compliance of presentation of documents. It is also known as a documentary credit.
Which life insurance company has launched SEWA, a plan that covers hospitalization, ICU stay, surgeries, critical illness, and disability, besides life ...
Which of the following is a device designed to protect electrical devices from voltage spikes?
TOPS is a flagship program of the Ministry of Youth Affairs and Sports which is an attempt to provide assistance to India’s top athletes. What is the ...
“Imperfect” is the autobiography of
Which launch vehicle was used to launch India's first solar observatory mission, Aditya-L1, from the Satish Dhawan Space Centre in Sriharikota?
The Insurance Regulatory and Development Authority of India (Irdai) has eliminated the need for caseby-case approval for insurer investments in Infrastr...
Recently who has become the first Indian Woman to scale five peaks above 8000m?
Consider the following statements:
I. Recently the Union Education ministry launched the 6th edition of NIRF.
II. Among the Universities I...
The Union Minister of Earth Sciences, Jitendra Singh has launched India’s first saline water lantern which is fully operational on seawater, the n...
Which bank has entered into a partnership with Aditya Birla Sun Life Insurance to provide insurance solutions to its customers?
