11th Class Business Studies International Trade Question Bank

done International Trade-II (MCQ) Total Questions - 8

• question_answer1)
  Which of the following documents are not required for obtaining an export license?
  A)
  IEC number done clear
  B)
  Letter of credit done clear
  C)
  Registration cum membership certificate done clear
  D)
  Bank account number done clear
  View Solution play_arrow

• question_answer2)
  Which of the following documents is not required in connection with an import transaction?
  A)
  Bill of lading done clear
  B)
  Shipping bill done clear
  C)
  Certificate of origin done clear
  D)
  Shipment advice done clear
  View Solution play_arrow

• question_answer3)
  Which one of the following is not a document related to fulfill the customs formalities?
  A)
  Shipping bill done clear
  B)
  Export license done clear
  C)
  Letter of insurance done clear
  D)
  Performa invoice done clear
  View Solution play_arrow

• question_answer4)
  Which one of the following is not a part of export documents?
  A)
  Commercial invoice done clear
  B)
  Certificate of origin done clear
  C)
  Bill of entry done clear
  D)
  Mate's receipt done clear
  View Solution play_arrow

• question_answer5)
  A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as:
  A)
  Shipping receipt done clear
  B)
  Mate receipt done clear
  C)
  Cargo receipt done clear
  D)
  Charter receipt done clear
  View Solution play_arrow

• question_answer6)
  Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shippers name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
  A)
  Shipping bill done clear
  B)
  Packaging list done clear
  C)
  Mate's receipt     done clear
  D)
  Bill of exchange done clear
  View Solution play_arrow

• question_answer7)
  The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is
  A)
  Letter of hypothetication done clear
  B)
  Letter of credit done clear
  C)
  Bill of lading done clear
  D)
  Bill of exchange done clear
  View Solution play_arrow

• question_answer8)
  TRIP is one of the WTO agreements that deal with:
  A)
  Trade in agriculture done clear
  B)
  Trade in services done clear
  C)
  Trade related investment measures done clear
  D)
  None of these done clear
  View Solution play_arrow