General Knowledge - Basic General Knowledge - Discussion

Discussion Forum : Basic General Knowledge - Section 1 (Q.No. 15)
15.
Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as
Letter of Credit (L/C)
laissezfaire
inflation
None of the above
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
29 comments Page 3 of 3.

Ziva said:   7 years ago
Can you explain about L/C clearly? Please.
(1)

Sarah said:   7 years ago
Thanks all for the given information.

Robin said:   1 decade ago
It's called "LOC" Letter Of Credit.

Komal said:   8 years ago
Awesome explanation. Thanks.

Srinivas Patnaik said:   1 decade ago
It means to leave alone.

Suman said:   1 decade ago
What is laissezfaire?

Martin said:   9 years ago
What is laissezfaire?
(2)

Sarah said:   7 years ago
What is inflation?

Raj said:   1 decade ago
What is inflation?


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