Question
Which of the following types of documentary credit
allows the beneficiary (exporter) to receive payment even if the documents do not comply with the exact terms of the credit?Solution
A revocable letter of credit allows the terms and conditions to be modified or canceled by the importer (buyer) or issuing bank without the beneficiary's consent. This can result in the exporter being paid even if the documents do not fully comply with the letter of credit terms, as long as the changes are acceptable to the involved parties.
Which of the following property of soil is not influenced by tillage operations?
What is the primary difference between a slip share and a slip nose share?
Fruit and shoot borer is an important pest of;
The Galvanizing Organic Bio-Agro Resources Dhan (GOBAR-DHAN) scheme aims to augment income of farmers by converting biodegradable waste into compressed ...
Which of the following schemes promotes Organic farming through the adoption of the organic village by cluster approach.
Yellow coloured fruits and vegetables are rich source of:
Which nutrient deficiency is associated with "Grey speck" disease in oats?
Which of the following type of plough is generally used for the breaking the hard pans?
What does a more elastic curve signify in terms of price and quantity consumed?
In female reproductive system sperms are temporary stored at
