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A transferable credit is one that can be transferred by the original (first) beneficiary to one or more second beneficiaries. Unless specifically stated anLC is not transferable i.e. the LC is deemed to be transferable only if it is stated to be ‘Transferable’ in the LC. Second beneficiary has no right to transfer to third beneficiary
A group of 3 men and 5 women can finish a task in 12 days, while another group of 5 men and 3 women can complete the same task in 9 days. If one man and...
A can complete a certain work in 12 days, while B can complete it in 15 days. After working together for 4 days, A leaves and B continues working alone....
A can do a piece of work in 12 days, while B alone can do it in 18 days. They work together for 6 days and the rest of the work is completed by C in 4 d...
Ram can finish a task alone in 45 days, whereas Ram and Rahul working together can complete the same task in 12 days. If Rahul works on the task alone f...
A man, a woman and a boy can do a work in 4, 8, 16 days respectively. How many boys were required with 1 man and 1 woman to complete the same work in 1/...
A team leader can do a job as fast as three members of the team working together. If one of the members can do the job in 5 hrs, the second one takes 10...
‘D’ and ‘E’ together can finish a task in 40 days, while ‘E’ and ‘F’ together can finish the same task in 30 days. ‘D’ and ‘E’ t...
A alone can complete 50% of a work in 9 days while B takes 6 days more than A to complete it. If B and C together can complete the work in 12 days, then...
‘A’ alone can complete a work in 15 days. ‘B’ alone can complete the same work in 20 days. If ‘A’ and ‘B’ work together for 5 days, then...
P, Q, R can do a piece of work in 40 days, 90 days, and 36 days, respectively. P started the work. Q joined him after 8 days. If R joined them after 9 d...