MCQOPTIONS
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| 1. |
LoUs are among the most popular instruments to ________ overseas credit by importers — known as buyers’ credit in banking ________ — because of their attractive pricing. It is estimated that overall, bank finance for imports into India is around $140 billion, of which over 60% is funded through such buyers’ credit. |
| A. | Get, shout |
| B. | Secure, parlance |
| C. | Intake, slang |
| D. | Apply, terminology |
| E. | None of the above |
| Answer» C. Intake, slang | |