Question:
A letter of credits means
| A. |
A bank agreeing to accept and pay on due date |
B. |
A letter containing conditions of credit purchase or sale |
C. |
A letter sent by exporter to importer sanctioning credit dial. |
D. |
A letter sent by importer to exporter sanctioning credit deal. |
Answer» a. A bank agreeing to accept and pay on due date |
| Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |
