11th class Principles of Commerce chapter 13 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 13(Import Trade)

Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test

Sr. #	Questions	Answers Choice
1	An import trader can get himself registered under:	import and export control Act 1950 import and export control Act 1952 import and export control Act 1975 None of these
2	The source of importing goods:	Wholesaler (trader) Indent firm Foreign purchase office All of the above
3	The letter of credit is opened on the request of:	Importer Exporter Government None of these
4	After the arrival of goods at port, the importer presents its complete detail to custom officials, this detail is called:	Bill of lading Bill of sight Bill of entry None of these
5	If the trader does not want to get the goods himself, he issues to the officials:	Bill of entry Bill of sight Delivery order Bill of lading
6	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:	Bill of sight Bill of lading Bill of entry Bill of order
7	The indent in which the complete detail of goods is written called:	Close indent Open indent complete indent None of these
8	If the price of goods includes the expense till custom duty, it is called:	Duty paid Custom paid Inbond None of these
9	An import trader can get himself registered under	Import and export control act 1950 Import and export control act 1952 Import and export control act 1975 None of these
10	The source of importing goods	Wholesaler Indent firm Foreign purchase office All the above
11	The letter of credit is opened on the request of	Importer Exporter Government None of these
12	After the arrival of goods at port, the importer presents its complete detail to custom officials, this detail is called	Bill of lading Bill of sight Bill of entry None of these
13	If the trader does not want to get the goods himself, he issues to the officials	Bill of entry Bill of sight Delivery order Bill of lading
14	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	Bill of sight Bill of lading Bill of entry Bill of order
15	The indent in which the complete detail of goods is written called	Close indent Open indent Complete indent None of these

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