Advertisements
Advertisements
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.
APPEARS IN
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.
For customs clearance the ______ is prepared by the exporter.
State True or False.
Buying goods from other country is known as export trade.
Answer in brief.
Explain preliminary stage of import procedure.
Define import 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
Mention the types of Indent.
What are the contents of Indents?
Distinguish between Bill of Lading and Charter Party
