Question
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 _______Solution
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
Identify the form of each sentence given here from among the choices given below it :
Please hand me the book.
Identify the correct option for the blank.
________ he is available on Monday; I will make an appointment.
Fill in the blank with the suitable conjunction.
He was angry __________ his idea got rejected.
Three Idiots.....really a watchable movie.
Which of the following sentences uses the wrong conjunction?
Imam Husian died . . . . . a noble cause.
Have you ever .....Taj Mahal?
Both my wife and me felt so much /happier after watching this movie.
Identify the form of each sentence given here from among the choices given below it :
Do your homework on time.
Identify the form of each sentence given here from among the choices given below it :
The sun rises in the east.
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