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McqMate
101. |
Packing credit is also known as finance. |
A. | pre-shipment |
B. | post-shipment |
C. | capital |
D. | fixed |
Answer» A. pre-shipment |
102. |
refers to export trade for which export proceeds are received in form of other products in exchange of forex. |
A. | countertrade |
B. | entrepot |
C. | position trade |
D. | swing trade |
Answer» A. countertrade |
103. |
EXIM finances term loans. |
A. | long |
B. | short |
C. | fixed |
D. | micro |
Answer» A. long |
104. |
ECGC is owned and governed by . |
A. | government of india |
B. | cooperatives |
C. | traders |
D. | corporations |
Answer» A. government of india |
105. |
SIDBI provides . |
A. | pre-shipment finance |
B. | post-shipment finance |
C. | financing bank schemes |
D. | all of the above |
Answer» D. all of the above |
106. |
Which among the following is not a type of LC ? |
A. | advance payment |
B. | revocable |
C. | confirmed |
D. | transferable lc |
Answer» A. advance payment |
107. |
LC cannot be modified or cancelled without the consent of the exporter. |
A. | revocable |
B. | irrevocable |
C. | stand-by |
D. | back-to-back |
Answer» B. irrevocable |
108. |
LC is the safest LC in export business. |
A. | confirmed |
B. | revocable |
C. | unconfirmed |
D. | non-transferable |
Answer» A. confirmed |
109. |
Period of pre-shipment finance is days. |
A. | 45 |
B. | 90 |
C. | 180 |
D. | 360 |
Answer» C. 180 |
110. |
Exporter has to register with one of the following authorities. |
A. | rbi |
B. | exim bank |
C. | dgft |
D. | ecgc |
Answer» C. dgft |
111. |
The exporter gets from DGFT. |
A. | iec number |
B. | pan number |
C. | aadhaar number |
D. | credit number |
Answer» A. iec number |
112. |
Let export order is received from the Customs . |
A. | preventive officer |
B. | examiner |
C. | superintendent |
D. | custom officer |
Answer» B. examiner |
113. |
Mate’s Receipt is issued by . |
A. | customs |
B. | captain of the ship |
C. | importer |
D. | inspection agency |
Answer» B. captain of the ship |
114. |
The CHA is also known as . |
A. | c&f agent |
B. | consignor |
C. | customs official |
D. | shipping company |
Answer» A. c&f agent |
115. |
The CHA submits the relevant export documents to the for the purpose of verification. |
A. | rbi |
B. | sidbi |
C. | customs house |
D. | shipping company |
Answer» C. customs house |
116. |
The CHA has to obtain from the Port Trust Authorities. |
A. | commercial invoice |
B. | let export order |
C. | let ship order |
D. | carting order |
Answer» D. carting order |
117. |
Customs Preventive Office issues order. |
A. | let export |
B. | let ship |
C. | carting |
D. | mate’s |
Answer» B. let ship |
118. |
The shipping bill is made in copies. |
A. | one |
B. | three |
C. | five |
D. | seven |
Answer» C. five |
119. |
Bill of lading is issued by company. |
A. | transport |
B. | shipping |
C. | warehousing |
D. | outsourcing |
Answer» B. shipping |
120. |
The export proceeds realization in India should take place within days. |
A. | 91 |
B. | 201 |
C. | 360 |
D. | 421 |
Answer» C. 360 |
121. |
indicates the country in which the goods are manufactured. |
A. | consular invoice |
B. | certificate of origin |
C. | commercial invoice |
D. | shipping bill |
Answer» B. certificate of origin |
122. |
Consular invoice is issued in copies. |
A. | one |
B. | three |
C. | five |
D. | seven |
Answer» B. three |
123. |
gives title to the goods in export business. |
A. | bills of exchange |
B. | bill of lading |
C. | shipping bill |
D. | commercial bill |
Answer» B. bill of lading |
124. |
is an export document that gives the consignment details to the exporter. |
A. | mate’s receipt |
B. | packing list |
C. | packing credit |
D. | certificate of origin |
Answer» B. packing list |
125. |
Shipping bill is not an export document. |
A. | coastal |
B. | dutiable |
C. | ex-bond |
D. | dbk |
Answer» A. coastal |
126. |
Certificate of origin can be issued by . |
A. | exim |
B. | epc |
C. | sidbi |
D. | ecgc |
Answer» B. epc |
127. |
Consular invoice is issued by . |
A. | consulate officer |
B. | customs officer |
C. | cha |
D. | importer |
Answer» A. consulate officer |
128. |
bill is a proof issued by Airline Company that indicates title to the goods for the contract of carriage. |
A. | airway |
B. | packing |
C. | lading |
D. | cargo |
Answer» A. airway |
129. |
is an important document required for realization of export proceeds. |
A. | gr form |
B. | are-1 form |
C. | shipping bill |
D. | packing list |
Answer» A. gr form |
130. |
A status holder exporter obtains from FIEO. |
A. | iec |
B. | mate’s receipt |
C. | rcmc |
D. | shipping bill |
Answer» C. rcmc |
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