Question # 1

Imports and exports are the kinds of

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Home trade

Foreign trade

Provincial trade

None of these

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:

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Bill of sight

Bill of lading

Bill of entry

Bill of order

In sole tradership, the responsibility of loss is on:

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The manger

Many people

A single person

The employees

The time period of rural insurance policy is

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15 - 20 years

10 - 15 years

20 - 25 years

More than 25 years

The letter of credit is opened on the request of

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Importer

Exporter

Government

None of these

An agent who sells goods only for a specific organization is called

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Common agent

Travelling agent

Special agent

None of these

Objective of the advertisement is to:

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Recruit old customers

Retain new customers

Both (a) and (b)

None of these

A charter party is:

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A contract to reserve a ship for carrying goods

Application for opening the letter of credit

Letter of indemnity

All the three

The details of the allotted shares is mentioned in:

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Statutory report

Annual meeting report

Special meeting report

All of them

Who does play an important role in the promotions of trade:

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Middleman

Wholesaler

Merchant middle

None of these

Advertisement means:

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Production of goods

Sale of goods

Introduction of goods / products

Spoilage of goods

Public warehouses are the property of:

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Government

Different persons

Factories

Private organaizations

When goods are received in home country after purchasing them from other countries is called

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Import trade

Export trade

Both a and b

None of these

The indent is also called:

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Marine insurance policy

Inquiry letter

Bill of lading

None of these

How many important terms of import trade

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18

19

20

21

Limited partnership is formed under Limited Partnership Act:

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1997

2007

2010

2017

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