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
R is related to D in the same way as U is related to B based on the given arrangement. Which of the following is S related to, following the same pattern?
Six members (A, B, C, D, E, and F) of a family decide to have a family photo taken, and are sitting on a bed to be photographed. B is to the right of D,...
If C is related to R and P is related to N in a certain way, then A is related to which of the following person?
Who sits second right of X?
Four of the five among the following are similar in such a way to form a group, which one of them doesn’t belongs to the group?
Who is to the immediate right of F?
Six family members NX, OX, PX, QX, RX, and SX are sitting in a row, facing north. Only QX sits to the left of RX. NX sits second to the left of OX. SX s...
Four males A, B, C and D are sitting in a row facing towards the North (not necessarily in the same order) and four females P, Q, R and S are sitting in...
Seven persons—T, U, V, W, X, Y and Z are sitting along a circle facing the centre. T is between Z and W. V is second to the right of W and is between...
Answer the following questions based on the information given below.
If A@B means A is the son of B.
A#B means A is the father of B.
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