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प्रश्न
What process ensures payment safety for exporters by involving a bank’s guarantee?
विकल्प
C&F Agent Appointment
Insurance Certificate
Letter of Credit (L/C)
Export Incentive Claim
MCQ
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उत्तर
Letter of Credit (L/C)
Explanation:
A Letter of Credit is a promise by the buyer's bank to pay the exporter if contract terms are fulfilled.
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