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Rashmi Metaliks Trade Finance Officer Interview Questions and Answers
Rashmi Metaliks Trade Finance Officer Interview Experiences
1 interview found
Saugata Ghosh
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I applied via Naukri.com and was interviewed in Aug 2023. There were 2 interview rounds.
(1 Question)
- Q1. Job profile, expected ctc, notice period etc.
(1 Question)
- Q1. What is Bg, Lc?
- Ans.
Bg stands for Bank Guarantee and Lc stands for Letter of Credit.
Bank Guarantee (Bg) is a commitment by a bank to pay a specified amount to a beneficiary if the applicant fails to fulfill their obligations.
Letter of Credit (Lc) is a financial instrument issued by a bank on behalf of a buyer, guaranteeing payment to the seller upon meeting certain conditions.
Bg and Lc are commonly used in international trade to provide a...
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