12th Chapter

11th Principles of Commerce Chapter 12 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 12 Foreign Trade Test. Click the button for 100% free full practice test.

First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

This online test contains MCQs about following topics:

Meaning, definition and causes . Importance, disadvantafes and problems of foreign trade . Documents used in foriegn trade . Difference between foreign trade and home trade

ICOM Part 1 Commerce Ch. 12 Test
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First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

Sr. # Questions Answers Choice
1 The person who makes arrangements for the departure of goods:
  • A. Forwarding agent
  • B. Clearing agnet
  • C. Commission agent
  • D. Underwritter
2 If goods are bought from another country for exporting, it is called:
  • A. Export trade
  • B. Import trade
  • C. Entrepot trade
  • D. None of these
3 If goods are bought from another country for exporting, it is called
  • A. Export trade
  • B. Import trade
  • C. Entrepot trade
  • D. None of these
4 A charter party is:
  • A. A contract to reserve a ship for carrying goods
  • B. Application for opening the letter of credit
  • C. Letter of indemnity
  • D. All the three
5 Due to foreign trade, the less developed countries
  • A. Becomes international slaves
  • B. Do not progress
  • C. Do not live along
  • D. None of these
6 The bill of lading reveals the
  • A. Legal ownership of goods
  • B. Price of goods
  • C. Government ownership of goods
  • D. None of the above
7 How many copies of bill of lading are prepared
  • A. Two
  • B. Three
  • C. Four
  • D. Five
8 Because of international trade, the less developed countries make progress:
  • A. Economically
  • B. Politically
  • C. Stately/republically
  • D. None of the above
9 The document issued by an authorized officer after counting and checking the loaded goods on ship
  • A. Shipping order
  • B. Receipt order
  • C. Marine insurance
  • D. Bill of lading
10 Due to foreign trade, the less developed countries:
  • A. Becomes international slaves
  • B. Do not progress
  • C. Do not live alone
  • D. None of these

Top Scorers of Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test

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Sawera Ali

Lahore16 - Oct - 2024

15/15
01 Mins 07 Sec
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Sawera Ali

Lahore16 - Oct - 2024

14/15
02 Mins 05 Sec
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Sawera Ali

Lahore16 - Oct - 2024

9/15
08 Mins 23 Sec

Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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