LC cannot be modified or cancelled without the consent of the exporter.

Related MCQs

• The following is a must for exporter _____
• __________ was established to provide medium and long term finance to exporter in India.
• Product is the primary function of the exporter.
• Under FOB quotation, which among the following is not a responsibility of the exporter ?
• Under C&F quotation, which among the following is not a responsibility of the exporter ?
• Under CIF quotation, which among the following is not a responsibility of the exporter?
• gives an identity to the exporter and its brands sold in foreign markets.
• is a paid form of non-personal presentation of export goods by the exporter.
• Exporter has to register with one of the following authorities.
• The exporter gets from DGFT.