Question Paper from: IBPS PO Mains 2017

A written commitment made by a bank which is issued after a request by the buyer that payment will be made to the beneficiary as evidence by the presentation of specified documents is known as ______.

1:
Letter of Commitment
2:
Underwriting
3:
Bank guarantee
4:
Letter of Credit
5:
Other than the given option
Solution:
Chapter Name: Current Affairs

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IBPS PO Mains 2017

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