What is C in UCP in terms of guidelines for issuance of Letter of Credit
UCP is the short form of Uniform Customs and Practice for Documentary Credits. UCP is the set of international rules that govern the letter of credit transactions throughout the world. First international letter of credit rules published nearly 80 years ago in year 1933. Since then letter of credit rules have been revised regularly by ICC (International Chamber of Commerce). 1933 – Uniform Customs and Practice for Commercial Documentary Credits 1951 Revision – Uniform Customs and Practice for Commercial Documentary Credits 1962 Revision – Uniform Customs and Practice for Documentary Credits 1974 Revision – Uniform Customs and Practice for Documentary Credits 1983 Revision – Uniform Customs and Practice for Documentary Credits (UCP 400) 1993 Revision – Uniform Customs and Practice for Documentary Credits (UCP 500) 2007 Revision – Uniform Customs and Practice for Documentary Credits (UCP 600)
The India International Exchange Limited (INDIA INX) is India's first international stock exchange and it is being operated at the International Financi...
What advantage do niche financial centers have over larger centers?
What is the minimum net worth required for a foreign entity interested to act as a clearing member in Bullion Exchange as per the notification provided ...
A stale is cheque is such that it is presented after ____________ from the date of its issue, at the bank.
Under Priority 2 of the Union Budget 2024-25, which of is designed to incentivize job creation in the manufacturing sector?
Which one of the following is an example for Non-Banking Financial institution?
What is the maximum quantum of award/compensation that can be awarded by Ombudsman of PFRDA?
The bailment of goods as security for payment of debt or performance of a promise is called:
In which city is the Advertising Standards Council of India (ASCI) headquartered?
According to the guidelines on the India-UAE Comprehensive Economic Partnership Agreement (CEPA), which entity is responsible for overseeing the import...
