Start learning 50% faster. Sign in now
UCP is the short form of Uniform Customs and Practice for Documentary Credits. UCP is the set of international rules that govern the letter of credit transactions throughout the world. First international letter of credit rules published nearly 80 years ago in year 1933. Since then letter of credit rules have been revised regularly by ICC (International Chamber of Commerce). 1933 – Uniform Customs and Practice for Commercial Documentary Credits 1951 Revision – Uniform Customs and Practice for Commercial Documentary Credits 1962 Revision – Uniform Customs and Practice for Documentary Credits 1974 Revision – Uniform Customs and Practice for Documentary Credits 1983 Revision – Uniform Customs and Practice for Documentary Credits (UCP 400) 1993 Revision – Uniform Customs and Practice for Documentary Credits (UCP 500) 2007 Revision – Uniform Customs and Practice for Documentary Credits (UCP 600)
Which of the following is not the work of RBI?
What is the full form of RIDF?
Deposit Insurance Corporation (DIC) Bill was introduced in the Parliament in which year?
Who among the following was the first female chairperson of State Bank of India?
Reserve Bank of India was set up based on the recommendations of which commission?v
_____ Invests USD 150 million in Development of Data Centres Serving in Asia.
How do nonperforming assets (NPAs) impact a bank's balance sheet?
The five-year plans in India laid down not only specific objectives to be attained in the five years of a plan, but also what was to be achieved over a ...
What is the minimum capital adequacy ratio required for Indian banks under the Basel III norms?
Khadi and Village Industries Commission (KVIC) is an apex organisation under which Ministry?