Rice FAQs (10)
Rice is the common name for the genus Oryza. A kind of grass, rice grows best when submerged in water. It is the staple food for over half the world's population.
A paddy is a field that is flooded with water. Rough rice is also called paddy rice.
Hybrid rice is a new sort of rice developed by China noted for its vigor and yield potential. Half of China's rice land is planted to such rice and two-thirds of all the rice harvested in China are hybrids. First generation hybrids produce seeds in very high quantities. But this seed, while good for eating, is not good for planting; it would produce a poor crop.
No, but rice is cultivated on six of the seven continents: Asia, Australia, Africa, Europe, as well as North and South America. The only missing continent is Antarctic where it is far too cold to grow anything. Rice is also cultivated in islands around the world, from Cuba to Madagascar.
It is easy to cook, easy to store, and most importantly, it is inexpensive and filling. It is very digestible, making it ideal for babies and sick people who find it hard to eat very much.
Rice is high in complex carbohydrates, contains almost no fat, is cholesterol free, and is low in sodium. It is a good source of vitamins and minerals such as thiamine, niacin, iron, riboflavin, vitamin D, calcium, and fiber. It is a fair source of protein containing all eight amino acids.
The way rice is served depends on the cook and the individual preferences of the rice eaters. Geography, agriculture, tradition, folklore, history, and even philosophy, all influence the way a person chooses to cook and eat rice. Rice is so versatile and easy to cook: you can steam it, boil it, bake it, and microwave it. You will find rice as an appetizer, a soup, a main meal, as a side dish, accompaniment, or as a dessert.
Basmati rice is a type of aromatic rice, grown mostly in India and Pakistan. It is renowned for its long, slender shape that elongates rather than expands in width when it is cooked. The word basmati means "queen of fragrance," and the rice is distinguished by its aroma.
It is a rice with the hull removed and the bran layers left clinging to the grains. The color is tan, and the flavor is nutty with a slight chewy texture. It is slightly more nutritious than enriched white rice, with twice as much fiber, five times the vitamin E, and three times the magnesium.
It is rice that has been steam-pressure treated before milling, forcing all the nutrients from the bran layer into the endosperm. The rice is firm in texture and separate when cooked.
Courtesy: IRRI
Export FAQs (15)
Indicates that payment of a negotiable instrument is due upon presentation or demand.
Also called a draft. An unconditional order from the drawer to the drawee, directing him to pay a specified amount to a named payee at a fixed or determinable future time.
Service as a document of title, a contract of carriage, and a receipt of goods. Usually prepared by the shipper on forms issued by the carrier, indicating that goods are to be transported from one point to another.
C&F means "Cost and Freight". The seller must pay the costs and freight necessary to bring the goods to the named destination, but the risk of loss of or damage to the goods, as well as of any cost increases, is transferred from the seller to the buyer when the goods pass the ship's rail in the port of shipment.
CIF means "Cost, Insurance and Freight". This term is basically the same as C&F but with the addition that the seller has to procure insurance against the risk of loss of or damage to the goods during the carriage. The seller contract with the insurer and pays the insurance premiums.
A letter of credit which has been confirmed by a second bank Such confirmation is desirable, since the seller may not be familiar with the foreign bank which issued the L/C.
A physical transfer of goods from an exporter (consignor) to an importer (consignee) for the importer to sell. The consignor retains title of the goods until the consignee has sold the goods. The consignee sells the goods for commission and remits the net proceeds to the consignor.
Documents against acceptance; instructions given by a shipper to his bank that the documents attached to a draft for collection are deliverable to the drawee only against his acceptance of the draft.
Documents against payment; instructions given by a shipper to his bank that the documents attached to a draft for collection are deliverable to the drawee only against his payment of the draft.
Errors and Omissions Excepted; a phrase accompanying the shipper's signature on an invoice, by which he disclaims final responsibility for typographical errors or unintentional omissions.
Free In and Out. Refers to loading and unloading costs as they apply to the vessel. The owner of the goods is responsible for the costs of loading and discharge.
Free Out. Under this term the owner of goods is responsible for discharging costs.
The title of a standard clause found in marine contracts exempting the parties for non-fulfilment of their obligations by reason of occurrence beyond their control, such as earthquakes, floods, or war.
FOB means "Free on Board". The goods are placed on board a ship by the seller at a port of shipment named in the sales contract. The risk of loss of or damage to the goods is transferred from the seller to the buyer when the goods pass the ship's rail.
Letter of Credit. A document issued by a bank at the buyer's request in favour of the seller, promising to pay the agreed amount of money upon receipt by the bank of stipulated documents within a specified time.
Courtesy: TDAP