LoUs are among the most popular instruments to overseas credit by importers mdash known as buyers rs...........

English Language and Interpesonal Skills (RAS) Fill in the blanks

LoUs are among the most popular instruments to ________ overseas credit by importers — known as buyers’ credit in banking ________ — because of their attractive pricing. It is estimated that overall, bank finance for imports into India is around $140 billion, of which over 60% is funded through such buyers’ credit.

Get, shout

Secure, parlance

Intake, slang

Apply, terminology

None of the above

Explanation:

Correct Answer is (b).Option A: Shout does not make sense.
Option C: Both words do not fit in.
Option D: Apply should have been followed by for and is incorrect.
Option B: Both the words are a perfect fit.
Hence, option B is correct.