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      Question

       To reduce a bank’s risks on confirmations and

      negotiations of irrevocable letters is called?
      A Exim Letter of Credit Correct Answer Incorrect Answer
      B Bank Guarantee Correct Answer Incorrect Answer
      C Letter of Recommendation Correct Answer Incorrect Answer
      D Letter of Issuance Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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