An LC which authorises the Advising Bank, to transfer, at the request of the First Beneficiary the credit available in whole or in part to one or more other beneficiaries ( Second Beneficiaries) is known as _______
A transferable credit is one that can be transferred by the original (first) beneficiary to one or more second beneficiaries. Unless specifically stated anLC 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
Section 112 A deals with
Which of the following is the major objective of SAUBHAGYA- Pradhan Mantri Sahaj Bijli Har Ghar Yojana?
In order to aggregate and compare poverty rates across countries, poverty thresholds that reflect the same real standard of living in each country are ...
Identify the correct description of Ways and Means Facility?
What can be the possible impact of Inflation on Purchasing Power of Money?
BookMyShow and RBL Bank have collaborated to offer the new credit card called “Play” to increase the entertainment value for the Indian customers....
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
Cabinet Committee on Economic Affairs (CCEA) approved a scheme worth Rs 2,539.61 crore for _______ and ________, in a boost to public sector broadcastin...
Which of the following statements about the Financial Intelligence Unit – India (FIU-IND) is true?
Banks shall not publish the internal benchmark for which one of the following maturities: