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प्रश्न
What is the Letter of credit?
उत्तर
Letter of Credit (LC) is an undertaking by its issuer (importer’s bank) that bills of exchange drawn by the foreign dealer on the importer will be honoured upon its presentation by exporter’s bank up to a specified amount.
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संबंधित प्रश्न
Select the correct option and rewrite the sentence.
Major items __________ are ch emicals, crude oil and petroleum products, edible oils, electronic goods, gold and silver, pearl and precious stone.
Select the correct option and rewrite the sentence.
Major items __________ are ch emicals, crude oil and petroleum products, edible oils, electronic goods, gold and silver, pearl and precious stone.
For customs clearance the ______ is prepared by the exporter.
State True or False.
Buying goods from other country is known as export trade.
Study the following case/situation and express your opinion.
Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh 1s buying raw material from South Africa and after processing it sells finished goods to Malaysia.
Who is importer?
Answer in brief.
Explain preliminary stage of import procedure.
What is export trade? Explain its procedure in detail.
STC is expansion for ______.
The ______ receipt is an acknowledgement of receipt of goods on the ship issued by the Captain
What are the contents of Indents?
