| 1 |
A price, which includes cost of goods plus custom duty and all its relevant expenses up to this stage are called |
- A. Duty paid
- B. In bond price
- C. Custom duties
- D. Excise duty
|
| 2 |
If the trader does not want to get the goods himself, he issues to the officials: |
- A. Bill of entry
- B. Bill of sight
- C. Delivery order
- D. Bill of lading
|
| 3 |
After the arrival of goods at port, the importer presents its complete detail to custom officials, this detail is called: |
- A. Bill of lading
- B. Bill of sight
- C. Bill of entry
- D. None of these
|
| 4 |
If the price of goods includes the expense till custom duty, it is called: |
- A. Duty paid
- B. Custom paid
- C. Inbond
- D. None of these
|
| 5 |
An import trader can get himself registered under: |
- A. import and export control Act 1950
- B. import and export control Act 1952
- C. import and export control Act 1975
- D. None of these
|
| 6 |
Import means the purchase of goods and services from foreign countries are called |
- A. Import trade
- B. Export trade
- C. Both a and b
- D. None of these
|
| 7 |
If the importer cannot supply the details of goods to customer officials then he gives an application to them to examine the goods, this statement is called: |
- A. Bill of sight
- B. Bill of lading
- C. Bill of entry
- D. Bill of order
|
| 8 |
The letter of credit is opened on the request of: |
- A. Importer
- B. Exporter
- C. Government
- D. None of these
|
| 9 |
How many important terms of import trade |
|
| 10 |
The indent in which the complete detail of goods is written called |
- A. Close indent
- B. Open indent
- C. Complete indent
- D. None of these
|
