1) All the receipts which exceeds Rs. 5000 requires one rupee revenue stamp
2) In case of safe custody joint operation, No nominee can be added as per law
3) In India FOREX rates is decided by Market forces
4) The bank can file application in DRT if the Due debit is 20 Lakh and above
5) In letter of credit does not indicate weather the credit is revocable or irrevocable then as per UCPDC 600, it will be treated as Irrevocable.
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