Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test With Answers

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Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test

Sr. # Questions Answers Choice
1 What is prepared by the exporter on the settlements of matters: Invoice Consular invoice Certificate of origin All of these
2 Who does accept and indent: Exporter Importer Government None of these
3 The indent is also called: Marine insurance policy Inquiry letter Bill of lading None of these
4 The methods of selling goods in foreign countries: Advertisement Personal visit Travelling agnets All of the above
5 Due to export trade: Increase in employment opportunities Increase in foreign exchange Relations with other countries establish All of the above
6 What is prepared by the exporter on the settlements of matters Invoice Consular invoice Certificate of origin All of these
7 Who does accept an indent Exporter Importer Government None of these
8 The indent is also called marine insurance policy Inquiry letter Bill of lading None of these
9 The methods of selling goods in foreign countries Advertisement Personal visit Travelling agents All of the above
10 Due to export trade Increase in employment opportunities Increase in foreign exchange Relations with other countries establish All of the above
11 Which documents are prepared by the exporter after the settlement of affairs are Invoice Consular invoice Certificate of origin All of them
12 If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called Open indent Close indent Both a and b None of these
13 If the price and quality of goods alongwith other factors are decided before the execution of order then it is called Close indent Open indent Both a and b None of these
14 How many types of an indents 2 3 4 5
15 State the procedure or steps of exporting goods are Obtaining and acceptance of indent Registration Obtaining license All of these
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