Question
Which of the following types of documentary credit
offers guaranteed payment to the seller by a third-party bank, even if the buyer defaults?Solution
A Confirmed Letter of Credit involves the confirming bank providing a guarantee to the seller that payment will be made, even if the buyer's bank defaults. This provides extra security to the seller.
Two statements are followed by two conclusions numbered I and II. Assuming the statements to be true even if they do not conform to real-world knowledge...
Select the option that is related to the fifth number in the same way as the second number is related to the first number and the fourth number is relat...
Which of the following numbers will replace the question mark (?) in the given series?
990, 891, 792, ?, 594
In the given options, select the option that will complete the format of the picture.Â
If A denotes ‘+’, B denotes ‘×’, C denotes ‘−’, and D denotes ‘÷’, then what will be the value of the following expression?
3...
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE: Operations should be performed o...
In the figure given below, the triangle represents married persons, the rectangle represents employed persons and the circle represents golf players. S...
Six friends Mayank, Varisha, Raju, Laxmi, Shivani and Meena who scored different marks in exam out of 100 but not necessarily in same order. Laxmi who s...
Refer to the given letter, member, symbol series and answer the question that follows.
(Left) K L % Y & 4 E 2 * 3 M & 7 S W # 8 2 H * L (Right)
A question is given, followed by two statements labelled I and II. Identify which of the statements is/are sufficient to answer the question.
Qu...
