Question
What does the 'UCP 600' refer to in the context of
documentary credit?Solution
UCP 600 (Uniform Customs and Practice for Documentary Credits) is a set of rules established by the International Chamber of Commerce (ICC) that governs the use of letters of credit in international trade. These rules provide standard procedures for the issuance, negotiation, and payment of documentary credits.
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option.
In the following sentence, identify the part which contains an error.
The wayfarer/ enquired from me / where / I lived
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Angered over the delay in giving compensation; factory workers shouted slogans against the president when he reaches the office.
The concept of ugly 1)/ and beautiful 2)/ are interchangeable 3) /and relative 4) /5)
The reported move by capital markets regulator Securities and Exchange Board of India (Sebi) to summarily(1) / Â restrict investment in equity derivativ...
In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate opti...
I. A series of research projects has looked into this issue.
       II. Studies have also looked at growth rates.
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...- Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the...
The Act lists over a dozen types of actions that may amount to social boycott, which have to made a criminal offence punishable with imprisonment up to ...
Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with...
