MCQ 11 MarkWhich of the following media provides export incentives?AWorld bankBMerchant bank✓Merchant agreementDMerchantsAnswerCorrect option: C. Merchant agreementView full question & answer→
MCQ 21 MarkWhat kind of receipt does the captain of the ship issue to the exporter when there is no proper packing of the goods?✓Foul receiptBClean receiptCIncomplete receiptDTorn out receiptAnswerCorrect option: A. Foul receiptView full question & answer→
MCQ 31 MarkIn India, which bank regulates foreign exchange?ALocal bankBCommercial bank✓Reserve bankDAgriculture bankAnswerCorrect option: C. Reserve bankView full question & answer→
MCQ 41 MarkWho issues the shipping order?ACaptain of the ship✓Shipping CompanyCOwner of the shipDReserve bankAnswerCorrect option: B. Shipping CompanyView full question & answer→
MCQ 51 MarkName the certificate that states the country in which the goods were produced.AConsular invoice✓Certificate of originCShipping orderDLetter of creditAnswerCorrect option: B. Certificate of originView full question & answer→
MCQ 61 MarkWho issues the bill of lading to the exporter?AInsurance company✓Shipping companyCThe captain of a shipDBankAnswerCorrect option: B. Shipping companyView full question & answer→
MCQ 71 MarkForeign exchange is obtained through which type of trade?✓Export Trade BImport TradeCInternal TradeDRegional TradeAnswerCorrect option: A. Export Trade View full question & answer→
MCQ 81 MarkWhat is the letter known on which the importer describes the details of the order?AInputB$OGL$C$L/C$✓IndentAnswerCorrect option: D. IndentView full question & answer→
MCQ 91 MarkName the agreement made between shipping company and exporter to book the whole ship on the rent ?AIndent AgreementBAgreement of the Branch✓Charter Party agreementDExport AgreementAnswerCorrect option: C. Charter Party agreementView full question & answer→
MCQ 101 MarkName the document that the bank issues to the importer against the payment of the bill as per the instructions given by the exporter.A$D/A$✓$D/P$C$OGL$D$L/C$AnswerCorrect option: B. $D/P$View full question & answer→
MCQ 111 MarkWhat is called the trade of one country with other countries?ALocal TradeBRegional TradeCNational Trade✓International Trade.AnswerCorrect option: D. International Trade.View full question & answer→
MCQ 121 MarkWho gives bill of lading to the exporter?AInsurance Company✓Shipping CompanyCCaptain of the shipDBankAnswerCorrect option: B. Shipping CompanyView full question & answer→
MCQ 131 MarkIf the products other than the government approved one want to import, whom does he send, application ?AReserve Bank of IndiaBForeign Minister $1$✓Import Trade DirectorateDCustom DepartmentAnswerCorrect option: C. Import Trade DirectorateView full question & answer→
MCQ 141 MarkThrough which of the following export incentive is provided?AWorld bankBCommercial bank✓Trade AgreementDThrough tradersAnswerCorrect option: C. Trade AgreementView full question & answer→
MCQ 151 MarkWhere was General Agreement on Trade and Tariff done?A$U.S.A.$BBretainCMoscow✓GenevaAnswerCorrect option: D. GenevaView full question & answer→
MCQ 161 MarkWhich of the following is not included in Special Economic Zone?AFree Trade ZoneBIndustrial Estate✓Mine AreaDFree Ports AnswerCorrect option: C. Mine AreaView full question & answer→
MCQ 171 MarkIn which year the law regarding Special Economic Zone $(SEZ)$ was passed in parliament?AYear $2001$BYears $2003$CYear $2002$✓Year $2005$AnswerCorrect option: D. Year $2005$View full question & answer→
MCQ 181 MarkHow many countries have joined World Trade Organization?A$150$ Countries✓$140$ CountriesC$135$ CountriesD$168$ CountriesAnswerCorrect option: B. $140$ CountriesView full question & answer→
MCQ 191 MarkWhich of the following is not considered incentive for financial and economic motivation for export?ATo make the income from export is tax free✓To give benefit to establish factoryCTo provide export-oriented products - resources at low cost.DDirect rebate to exportAnswerCorrect option: B. To give benefit to establish factoryView full question & answer→
MCQ 201 MarkDue to international trade which of the following can be imported?AForeign TechnologyBModem ManagementCResearch✓All mentioned hereAnswerCorrect option: D. All mentioned hereView full question & answer→
MCQ 211 MarkWho of the following does not issue the Certificate of Origin?AMerchant $($Trade$)$ Association✓CollectorCChamber of CommerceDGovernmentAnswerCorrect option: B. CollectorView full question & answer→
MCQ 221 MarkWhat type of receipt does the captain of the ship give to the exporter if the packing of the goods is not proper ?✓Foul ReceiptBRead ReceiptCIncomplete ReceiptDBlack receiptAnswerCorrect option: A. Foul ReceiptView full question & answer→
MCQ 231 MarkWho is called 'mate' on ship?✓Representative of the captain of shipBRubber seat of shipCRubber type of ShipDEngineer of the shipAnswerCorrect option: A. Representative of the captain of shipView full question & answer→
MCQ 241 MarkWhat does insurance company give when the exporter pays the amount of premium suggested by the insurance company?AInsurance PolicyBWritten receipt✓Cover NoteDLetter of thanksAnswerCorrect option: C. Cover NoteView full question & answer→
MCQ 251 MarkWhat happens if the goods are not shifted from bonded go down?✓Demurrage $($rent$)$ is paidBGoods is forfeitedCGoods is destroyedDGoods is auctionedAnswerCorrect option: A. Demurrage $($rent$)$ is paidView full question & answer→
MCQ 261 MarkWho endorses the bill of lading after paying freight of the goods imported?ACaptain of the ship✓Shipping CompanyCReserve BankDOfficerAnswerCorrect option: B. Shipping CompanyView full question & answer→
MCQ 271 MarkWhich of the following detail is not included in the 'Indent' of the $U.K$. Euro porter $E?$✓Trade mark of the exporterBDetails of goodsCPrice of the goods and insuranceDName of the transport companyAnswerCorrect option: A. Trade mark of the exporterView full question & answer→
MCQ 281 MarkWhat is the motive of presenting the certificate of the origin of goods?✓To get relief in exciseBTo assure qualityCTo prevent adulterationDTo gain prestigeAnswerCorrect option: A. To get relief in exciseView full question & answer→
MCQ 291 MarkWho controls foreign exchange?AFinance Department✓Reserve Bank of IndiaCState Bank of IndiaDForeign Trade DepartmentAnswerCorrect option: B. Reserve Bank of IndiaView full question & answer→
MCQ 301 MarkIn which of the following area Free Trade Zone $(FTZ)$ is not established in India?✓Sanjan $($Surat$)$BFaltaCDahej $($Bharuch$)$DD.Santa Cruz $($Mumbai$)$AnswerCorrect option: A. Sanjan $($Surat$)$View full question & answer→
MCQ 311 MarkIn $1948 \ GAAT$ was signed among how many countries ?A$50$ nationsB$26$ nationsC$34$ nations✓$23$ nationsAnswerCorrect option: D. $23$ nationsView full question & answer→
MCQ 321 MarkForeign Trade DepartmentAPermanent exportersBRecognized exportersCRegistered exporters✓Established exportersAnswerCorrect option: D. Established exportersView full question & answer→
MCQ 331 MarkTo whom one has to apply to obtain import license?ATo the Central governmentBTo the State government✓To the Directorate of import-exportDTo the Ministry of commerce of governmentAnswerCorrect option: C. To the Directorate of import-exportView full question & answer→
MCQ 341 MarkWhich are the risks of trade through marine?ASea robbersBSinking of goodsCVariation of climate✓All mentioned hereAnswerCorrect option: D. All mentioned hereView full question & answer→
MCQ 351 MarkIn which year General Agreement on Trade and Tariff was signed?✓$1948$B$1950$C$1945$D$1955$AnswerCorrect option: A. $1948$View full question & answer→
MCQ 361 MarkSince which year World Trade Organization has commenced its functions?AYear $1985$BYear $1990$✓Year $1995$DYear $1998$AnswerCorrect option: C. Year $1995$View full question & answer→
MCQ 371 MarkWhich of the following document exporter does not send to the bank of the importer through his exporter's bank ?✓IndentBBill of ladingCChamber of CommerceDBillsAnswerCorrect option: A. IndentView full question & answer→
MCQ 381 MarkWhich of the following statements is not true?AThree copies are made of the bill of ladingBOut of which two copies are sent to the exporterCOut of which one copy is retained by the shipping company✓One copy is sent to the importerAnswerCorrect option: D. One copy is sent to the importerView full question & answer→
MCQ 391 MarkWhat is called the permission to load the goods on ship?ABill of ladingBCharter AgreementCLicense✓Carting OrderAnswerCorrect option: D. Carting OrderView full question & answer→
MCQ 401 MarkTo whom the application is sent to obtain export license?ATo custom Department✓To Commerce DepartmentCTo Foreign DepartmentDTo Port AuthorityAnswerCorrect option: B. To Commerce DepartmentView full question & answer→
MCQ 411 MarkWhich of the following is not showed in the register of Bill of Entry?AName of the importerBName of the exporterCName of the ship✓Name of the captain of the shipAnswerCorrect option: D. Name of the captain of the shipView full question & answer→
MCQ 421 MarkWhat does the bill of lading document suggest?ABill of the goodsBDefect of goods✓Ownership of goodsDAmount to be paid for goodsAnswerCorrect option: C. Ownership of goodsView full question & answer→
MCQ 431 MarkIn which currency it is showed in foreign trade and for that which currency is required?AIndian Rupee✓American DollarCBritish PoundD$U.K$. EuroAnswerCorrect option: B. American DollarView full question & answer→
MCQ 441 MarkWhich of the following incentives Is not avail to the units of export in Special Economic Zone ?AExemption from Custom Duty✓Exemption from Vehicle TaxCExemption from Service TaxDExemption from Central Sales ""taxAnswerCorrect option: B. Exemption from Vehicle TaxView full question & answer→
MCQ 451 MarkIn which year Special Economic Zone $(SEZ)$ law was in enforced?✓$10^{th}$ Feb. $2006$B$10^{th}$ Jan. $2008$C$1$st March $2007$D$15^{th}$ April $2008$AnswerCorrect option: A. $10^{th}$ Feb. $2006$View full question & answer→
MCQ 461 MarkWhich of the following is not included in non-economic incentives for export promotion?ATo give information of export market.BTo give required information about export.✓To give protection against variation in exchange rateDCompetition among exportersAnswerCorrect option: C. To give protection against variation in exchange rateView full question & answer→
MCQ 471 MarkWhose responsibility is to provide incentives for export?✓GovernmentBCommercial banksCState BankDPublic CompanyAnswerCorrect option: A. GovernmentView full question & answer→
MCQ 481 MarkCountries carrying out international trade are benefitted by which of the following?ATransportationBQualityCTime Saving✓Division of LabourAnswerCorrect option: D. Division of LabourView full question & answer→
MCQ 491 MarkWhat is called the certificate which shows the Origin of the making of the product ?AConsulate Invoice✓Certificate of OriginCShipping OrderDCredit certificateAnswerCorrect option: B. Certificate of OriginView full question & answer→
MCQ 501 MarkWhat is called a letter which shows the details of import?AInputB$OGL$C$C/C$✓IndentAnswerCorrect option: D. IndentView full question & answer→