Answer Posted / k. phanindra kumar
if one company imports goods from another company from
another country then the imported company will approach bank
for issuing a letter. the bank will give assurance to the
export company. On the delivery of the goods the imported
company will make payment
| Is This Answer Correct ? | 22 Yes | 3 No |
Post New Answer View All Answers
Tell good things and bad things about graduation stream.
What Is Sensex And How It Is Calculated?
Is IDBI Bank a nationalized Bank?
What is 'rule of lapse'?
Dear sir, please send me previos papers of rbi THANKS
What do you mean by SARFAESI Act?
Explain About Users, Groups, And Domains?
Explain in Tally ERP 9, how you can view profit and loss statement?
What Is The Difference Between Cost And Expense?
How will your education help us in improving the banking services?
How to fight Inflation and what is the current Indian scenario about Inflation?
What are the advantages and disadvantages of an IPO?
What 'LIBOR' stands for?
What is 'central plan'?
What is 'door-to-door banking'?