TNPSC Maths Notes & IBPS Banking Terminology

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A letter of credit (L(C) wherein the credit available to the customer gets reinstated after the bill is paid is known as?

(a) Back to back LC

(b) Red clause LC

(c) Back to front LC

(d) Revolving LC

(e) None of these

 

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[Locker] The locker [id=62] doesn't exist or the default lockers were deleted.

 

 

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