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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test"
Try The MCQ's Test For Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test
00:00
Question # 1
In case of emergency, foreign trade makes the supply of goods
Question # 2
The document issued by an authorized officer after counting and checking the loaded goods on ship
Question # 3
If goods are bought from another country for exporting, it is called
Question # 4
Due to foreign trade, the less developed countries:
Question # 5
What does happen after the exchange of goods:
Question # 6
Due to foreign trade, the less developed countries
Question # 7
The document issued by an authorized office after counting and checking the loaded goods on ship:
Question # 8
The person who makes arrangements for the departure of goods
Question # 9
The bill of trading reveals the:
Question # 10
The person who makes arrangements for the departure of goods:
Question # 11
Because of foreign trade, the demand for national/ home products
Question # 12
A charter party is
Question # 13
Who does write the delivery order
Question # 14
How many copies of bill of lading are prepared:
Question # 15
What does happen after the exchange of goods
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.
Top Scorers Of Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test" MCQ`s Test
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A Arham Khan 09 - Jun - 2024 00 Min 34 Sec 15/15 -
M Minahil Asif 01 - Jun - 2024 00 Min 58 Sec 15/15 -
S Sawera Ali 16 - Oct - 2024 01 Min 07 Sec 15/15 -
S Subtain Ahmed Raza 17 - Jul - 2023 01 Min 14 Sec 15/15 -
K KHALIL UR REHAMAN 17 - Aug - 2022 01 Min 14 Sec 15/15 -
M M.Anas 01 - Feb - 2021 01 Min 18 Sec 15/15 -
H hafsa 03 - Dec - 2020 01 Min 44 Sec 15/15 -
A Asim Ismail 01 - Sep - 2021 01 Min 53 Sec 15/15 -
H Horia khan 08 - Aug - 2021 02 Min 22 Sec 15/15 -
M Maryam Khan 06 - Apr - 2021 05 Min 01 Sec 15/15 -
H hamza abid 03 - Jul - 2022 10 Min 50 Sec 15/15 -
O Oneeza 16 - Aug - 2021 10 Min 50 Sec 15/15 -
F Fatima 10 - Aug - 2021 00 Min 25 Sec 14/15 -
A ABDUL QAYYUM 13 - Jun - 2023 01 Min 11 Sec 14/15 -
U Umar 07 - Dec - 2020 01 Min 22 Sec 14/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 12 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | 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
|
| 2 | The exporter gets the certificate of origin from |
A. Chamber of commerce
B. Custom officials
C. Importing bank
D. Exporting bank
|
| 3 | What does happen after the exchange of goods |
A. Development of cordial relations between the countries
B. More chances of fight or war
C. Economic crises arise
D. Scarcity of goods
|
| 4 | The document issued by an authorized office after counting and checking the loaded goods on ship: |
A. Shipping order
B. Receipt of mate
C. Marine insurance
D. bill of lading
|
| 5 | What is written on the bill of entry of goods: |
A. Quantity and price
B. Value of insurance
C. Quality and type
D. None of the above
|
| 6 | What is prepared after sending the goods |
A. Bill of lading
B. Invoice
C. Receipt of mate
D. All of these
|
| 7 | Because of foreign trade, the demand for national/ home products |
A. Reduces
B. Increases
C. Remains normal
D. Both a and b
|
| 8 | What does happen after the exchange of goods: |
A. Development of cordial relations between the countries
B. More chances of fight or war
C. Economic crises arise
D. Scarcity of goods
|
| 9 | In case of emergency, foreign trade makes the supply of goods: |
A. Easy
B. Difficult
C. Unimportant
D. Important
|
| 10 | Because of international trade, the less developed countries make progress |
A. Economically
B. Politically
C. Stately/republically
D. None of the above
|
Test Questions