Question

If annual Imported Raw Material is Rs. 180
Mio, what should be the LC Limit if Imports
are made on D/A under LC and total LC
Cycle Length (Lead Time + usance period) is
90 days?
Rs. 45 Mio
Rs. 30 Mio
Rs. 60 Mio
None of these​

Answer 1

Cooperative Principles

Open and Voluntary Membership. ...

Democratic Member Control. ...

Members' Economic Participation. ...

Autonomy and Independence. ...

Education, Training, and Information. ...

Cooperation Among Cooperatives. ...

Concern for Community.

Answer 2

Answer:

45 might is required for meeting the requirements