What is the full form of "CIF"?
A. Commodity and Intermediate Funding
B. Common Investing Folio
C. Cost Insurance Freight
D. Cognitive Investment Fund
Answer: Option C
Solution(By Examveda Team)
Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit. Cost, insurance, and freight only applies to goods transported via a waterway, sea, or ocean.This Question Belongs to Abbreviations >> Marketing Abbreviations
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