List I | List II | ||
A. | Foreign trade | 1. | It is in undertaking by its issue that the bills of exchange drawn by the foreign dealer on the importer will be honoured on presentation upon a specified amount. |
B. | Bill of lading | 2. | It is a document of title to the goods. |
C. | Quotation | 3. | Trade between two or more nations. |
D. | Letter of credit | 4. | It is reply by the seller to the prospective buyer. |
A) A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3
B) A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1
C) A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1
D) A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
Correct Answer: B
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