The Credit guarantees are on risk sharing basis, which implies that
A credit guarantee is a form of insurance that helps to protect the interests of a seller from the chance of non-payment by a buyer. This type of coverage is often utilized when goods are imported, affording the exporter a degree of protection that would be difficult to achieve otherwise. In some cases, this type of guarantee is extended through a governmental organization. At other times, the credit guarantee is made available through banks that manage import and export transactions. The exact structure of a credit guarantee depends on the governmental regulations that govern the transaction. In a situation where both the buyer and the seller are located in the same nation, it is not unusual for this type of coverage to be issued in what is known as a letter of guarantee. This is simply a legal document that affirms that if the buyer fails to tender the agreed-upon compensation for a purchase, that the insurer will honour the debt. A letter of guarantee may be in the form of a personal guarantee provided by an interested third party, or by a financial entity that has extended a line of credit to the buyer.
Given below are two statements
Statement I: Maximum wasteland areas in our country lies in Madhya Pradesh.
Statement II: In Haryana, mos...
Method which is recommended for stabilizing gullies on slopes ranging from 11-15%?
Heterophylly can be seen in
Which of the following is/are a root stimulant?
Which of the following could be the valid value(s) of the correlation coefficient between two variables?
(A) -1
(B) +1
(C) -2
<...Seed potato dormancy is broken by:
Depression in efficiency of Rhizobium is due to:
Which of the following is a key challenge in sales and distribution management for Agribusinesses?
Sequence the principal stages of biological nitrogen fixation in their correct order of occurence-
(A). Formation of infection thread
(B)....
'Sindhu' variety of mango is a cross of