what is a letter of credit
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A letter of credit, or "credit letter" is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make a payment on the purchase, the bank will be required to cover th
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SLV Satellite Launch Vehicle-3
Satellite Launch Vehicle-3 (SLV-3) was India's first experimental satellite launch vehicle, which was an all solid, four stage vehicle weighing 17 tonnes with a height of 22m and capable of placing 40 kg class payloads in Low Earth Orbit (LEO).
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