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.
Statement:
Mostly P are Q.
P few Q are R.
All R are S.
No S is T.
Conclusion :
1. Only S are R.
2. A...
The ratio of zinc and copper in a brass pieces is 2:5. How much zinc will be there in 140 kg of such a piece?
A series of facts or statements that may have been collected, stored, processed and/or manipulated but have not been organized or placed into context i...
How far is Atul from Nisha?
If A sits second to the left of M then how many seats are between A and L when counted from the right of L?
Combination of ages of which pair is maximum?
рдпрджрд┐ рдорд╣реАрдиреЗ рдХрд╛ рд╕рд╛рддрд╡рд╛рдБ рджрд┐рди рд╖реБрдХреНрд░рд╡рд╛рд░ рд╕реЗ рддреАрди рджрд┐рди рдкрд╣рд▓реЗ рдХрд╛ рд╣реИ рддреЛ рдЗ...
Monthly savings of 'C' was 50% of her income. Later, her monthly income increased by 40% but her savings stayed the same. What is the percentage increas...
In the following question, select the missing number of the given series.
263, 269, 271, 277, 281, ?
A boat can cover 84 km in upstream in 2 hours, if the speed of the stream is 30% of the speed of boat in still water, then find the time taken by the bo...
