Question
Which of the Uniform Customs & Practice for Documentary
Credits (UCP) rules issued by ICC, are currently in effect?Solution
The Uniform Customs & Practice for Documentary Credits (UCP 600) is a set of rules agreed by the International Chamber of Commerce (ICC), which apply to finance institutions which issue Letters of Credit. UCP 600 (which replaced the UCP 500) was approved by the ICC Banking Commission on 25 October 2006 and came into effect on 1 July 2007. The first UCP was created in 1933 and has been revised by the ICC up to the point of the UCP 600.
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In the given question a sentence with a blank is given. From the options choose the idiom which will fit perfectly in the blank and make the sentence c...
Select the most appropriate meaning of the given idiom.
At loggerheads
In each question, three meanings numbered I, II and III are given for the Idiom / Phrase bold in the sentence. Out of the given three meanings, only on...
Weather the storm
Select the most appropriate meaning of the given idiom.
Hard and fast
"It's not a good idea to kick the can down the road and let the next generation solve the global warming problem."
After continuously listening to the false accusations, Julia left the meeting room in a high dungeon.
- Choose the option which best expresses the meaning of the idiom/phrase bold in the sentence.
The new policy has created a lot of bad blood between ... Under the weather
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