McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Management Studies (BMS) .
| 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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