Question
In a documentary credit transaction, what is the
significance of the 'expiry date' mentioned in the letter of credit?Solution
The expiry date in a documentary credit specifies the latest date by which the exporter must present the required documents to the bank in order to receive payment. If the documents are presented after this date, the exporter may not receive payment under the terms of the letter of credit.
Six persons D, E, F, G, H, and I sit in a linear row facing north direction but not necessarily in the same order. Two persons sit between F and H. H si...
Which of the following statement is true?
LY, KY, AY, MY, SY, TY, and QY are sitting in a row facing north. TY is immediate right of SY. SY is fourth to the right of QY. QY and LY are both at ex...
What is the code of ‘always impossible’?
If Pankaj exchanges his position with Tanuj, then who will be on his immediate right?
Six students (L, M, N, O, P and Q) sit in a linear row facing south in a classroom but not necessarily in the same order. One person sits between L and...
Which of the following statement(s) is/are false?
Who sits third to the right of the person, who likes Coca cola in the row arrangement? Â
Who among the following person sits second to the right of the one who faces the one who likes White?
Who among the following person sits third to the left of the one who sits second to the right of the one who likes Vanilla?
