The main purpose of packing credit is to meet capital needs of exporters.

Related MCQs

• _____ Finance is also referred to as the packing credit.
• Packing credit is generally provided for a period of ________ days.
• Packing credit is required ________the shipment.
• Packing credit is also known as finance.
• Trade fairs and exhibitions help the exporters in .
• is a group of exporters who form trading association for mutual distribution benefits.
• Packing helps in ________ of the product.
• A bill drawn under a letter of credit contains discrepancies_____
• Generally there are ________ parties involved in the letter of credit.
• goods are sold on deferred credit basis.