| 1 |
Choose the correct full form of F.O.B |
- A. Free On Board
- B. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Forward Operating Base</span>
- C. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Fall Out Boy</span>
- D. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Freight On Board</span>
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| 2 |
How many important terms of import trade |
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| 3 |
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
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| 4 |
Choose the full form of F.A.S |
- A. Free Alongside Ship
- B. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Foreign Agricultural Service</span>
- C. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Federation of American Scientists</span>
- D. None of these
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| 5 |
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
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| 6 |
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
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| 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
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| 8 |
A price, which includes cost of goods plus delivery charges, dock charges, ship freight, export duty and loading charges are called |
- A. Ex-ship charges
- B. In bond price
- C. Duty paid
- D. Custom duties
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| 9 |
The letter of credit is opened on the request of: |
- A. Importer
- B. Exporter
- C. Government
- D. None of these
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| 10 |
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
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