Which of the following are called regulatory documents as per ADS?
1. Bill of Export (Shipping bill)
2. Receipt for payment of port charges
3. Proforma invoice
4. Shipment advice
5. Certificate of origin
6. GR form
7. Export application dock challan
Select the correct answer
Which of the following statements are not correct in relation to pre-shipment credit in foreign currency? Statement I It is a foreign currency loan available, both, to the importers and exporters. Statement II It is self-liquidating in nature and can be liquidated by purchasing/discounting of bills. Statement III Refinance from RBI is available to banks against pre-shipment credit in foreign currency. Statement IV The interest rare shall not exceed 1.75% above six months, LIBOR for the initial period of one month.
The exit of Great Britain from the European Union (EU) in June 2016 by a referendum has been announced as invalid by the London High Court on which one of the following reason?
Enjoying comparative advantage for a country means having a . . . . . . . . opportunity cost of domestically producing a commodity than the other country.