Quiznetik

Export Marketing | Set 1

1. NAFTA is an example of ________

Correct : B. free trade area

2. Which one is not an international organisation _____

Correct : A. cbdt

3. The main objectives of International Monetary Fund (IMF) was to ____

Correct : A. help economically backward countries

4. Which of the following is not an international financial institution _____?

Correct : A. icici

5. The gains from two nations depend on ____

Correct : D. terms of trade

6. Out of the following one is not related with WTO______

Correct : C. irai

7. How many members countries are there in the world customs organization ______ ?

Correct : D. 180

8. Which of the following is a not matched against its name ___?

Correct : A. asean: economic cooperation amongst all asian countries

9. Which of the following is international trade ______?

Correct : C. trade between countries

10. Dumping refer to ________

Correct : C. sale of good abroad at low price, below their cost and price in home market

11. Trade between two countries can be useful if cost ratios of goods are _____.

Correct : D. different

12. The objective of distribution channels is _____.

Correct : A. to send the goods from producer to consumer

13. Which of the following is a not part of GST _____

Correct : C. ngst

14. What is the full name of BEP ______

Correct : C. break even point

15. Where head office is situation of the International Trade Organisation ______

Correct : B. geneva

16. Duty drawback is the refund of duty chargeable on _______

Correct : C. exported material

17. The following is a must for exporter _____

Correct : D. gr form

18. A bill drawn under a letter of credit contains discrepancies_____

Correct : B. may purchase it to take it for collection but should not refuse to handle the bill

19. When the global level plans are prepared at international head quarters, it is a known as ______

Correct : B. operational planning

20. A plan offering a 75% base salary along with 25% in incentives is classified as _____

Correct : C. combination plan

21. The piecework pay plan is often called ______

Correct : D. individual pay plan

22. The factor which influence “bonuses” are _____

Correct : B. eligibility

23. The investment is productive assets and participation in management as stake holders in business Enterprises is ________

Correct : A. fdi

24. The investment arm of the World bank is ____

Correct : D. ifc

25. Term of trade is country show ______

Correct : C. ratio of goods exported and imported

26. _________ characteristics influence the choice of distribution channels in export marketing.

Correct : A. customer

27. Under ___________ marketing the manufacture makes own arrangement to distribute the goods.

Correct : B. direct

28. One star export house has to achieve export performance of FOB worth _________ US dollar million during the current year and previous 2 year.

Correct : B. 3

29. ________ refers to quality of service which of firm provides to its customers.

Correct : B. customer service standards

30. A ________ warehouse keeps the products for relatively long period of time.

Correct : D. storage

31. _______ refers to the amount of space available for staring materials on ship or on a plane.

Correct : D. stowage

32. _____ Finance is also referred to as the packing credit.

Correct : C. pre shipment

33. Generally there are ________ parties involved in the letter of credit.

Correct : D. 6

34. FOB quotation include ______.

Correct : A. ex-factory cost

35. __________ is management of the flow of good between the point of origin and the point of consumption.

Correct : C. logistics

36. __________ was established to provide medium and long term finance to exporter in India.

Correct : C. ecgc

37. __________ is a commercial risk covered by ECGC.

Correct : A. insolvency of the buyer

38. ______ provides making terms and to long term export finance to small unit.

Correct : D. sidbi

39. Packing credit is generally provided for a period of ________ days.

Correct : C. 180

40. Packing helps in ________ of the product.

Correct : C. production

41. Branding and packaging are important important considerations of _________.

Correct : D. product planning

42. _______ consist of techniques to induce response from customers and intermediaries.

Correct : A. sales promotion

43. Packing credit is required ________the shipment.

Correct : D. before

44. ________ issues the registration cum membership certificate.

Correct : B. epc

45. ______ states that the goods which are exported from the specific country.

Correct : D. certification of origin

46. Post shipment Finance in generally available for period of _____ days.

Correct : C. 90

47. ________ is the safest method of payment in international trade.

Correct : D. letters of credit

48. Under __________ method the document are get released to the imparter against payment of bills.

Correct : D. documents against payment

49. _________ is the route by which the goods move to foreign buyers.

Correct : C. distribution channels

50. ___________ certifies theconsular invoice.

Correct : C. consulate

51. Product is the primary function of the exporter.

Correct : A. planning

52. provides information of the product and matters related to the product being exported.

Correct : A. labelling

53. refers to symbols printed on export packages.

Correct : A. marking

54. Formula : FOB Price =

Correct : A. fob cost + profit – dbk

55. Formula : C&F Price =

Correct : A. all expenses until goods loaded on board the ship + freight + profits – dbk

56. Formula : CIF Price =

Correct : B. cif costs + profits – dbk

57. Export quotation is .

Correct : C. an offer made by exporter to importer in reply to importer’s query

58. Under FOB quotation, which among the following is not a responsibility of the exporter ?

Correct : D. freight expenses

59. Under C&F quotation, which among the following is not a responsibility of the exporter ?

Correct : C. payment of marine insurance

60. Under CIF quotation, which among the following is not a responsibility of the exporter?

Correct : C. customs at port of destination

61. gives an identity to the exporter and its brands sold in foreign markets.

Correct : A. branding

62. helps to distinguish the company’s brand among its competitors.

Correct : A. brand name

63. Product price is not directly affected by .

Correct : D. quota restrictions

64. INCO terms refer to .

Correct : A. international commercial terms

65. The main objective of export pricing is .

Correct : A. maximizing the profits

66. Product mix is .

Correct : B. a range of companies’ offerings

67. among the following is not an element of branding.

Correct : D. country of origin mark

68. Packaging helps in .

Correct : D. all of the above

69. refers to creating a distinct image in the minds of the audience towards a specific brand.

Correct : A. positioning

70. Product promotion in export business is mainly done through .

Correct : D. participation in trade-fairs and exhibitions

71. EU requires labelling requirement in language/s.

Correct : D. four

72. EU needs packaging requirements.

Correct : A. eco-friendly

73. is a longer channel of distribution in export business.

Correct : B. indirect channel

74. helps to distribute export goods only through government agencies.

Correct : B. canalizing agencies

75. distribution channel reduces per unit cost of the product in export business.

Correct : A. direct

76. Logistics in export marketing does not cover aspect.

Correct : D. advertising

77. helps to co-ordinate moving of resources with the help of people, equipment and technology.

Correct : A. logistics

78. covers financial risks in export business.

Correct : A. insurance

79. is the most convenient and cost effective mode of transport in export business.

Correct : C. seaways

80. is not an element of promotion.

Correct : D. product

81. is a sales promotion tool.

Correct : A. discounts

82. Trade fairs and exhibitions help the exporters in .

Correct : B. promoting export products

83. Personal selling is also known as .

Correct : A. salesmanship

84. is a paid form of non-personal presentation of export goods by the exporter.

Correct : C. advertising

85. insurance is covered by Marine Insurance Act, 1963.

Correct : A. marine

86. premium helps to cover risks occurred due to perils of the sea.

Correct : A. marine

87. is not a marine insurance policy.

Correct : D. umbrella insurance

88. is a warehousing type that holds zero-inventory, where products are received, processed and shipped to exporting countries.

Correct : A. cross-docking

89. is a group of exporters who form trading association for mutual distribution benefits.

Correct : B. consortium

90. is a promotion element that uses short term tactic to persuade the importers to make purchases.

Correct : C. sales-promotion

91. goods are sold on deferred credit basis.

Correct : A. capital

92. The main purpose of packing credit is to meet capital needs of exporters.

Correct : B. working

93. A major part of export finance is provided by banks.

Correct : A. commercial

94. finances Indian joint ventures in foreign countries.

Correct : A. exim

95. has its head office in Lucknow.

Correct : A. sidbi

96. provides finance to entrepreneurs for setting up tourism related activities.

Correct : A. sidbi

97. SIDBI provide direct finance to obtain certification.

Correct : A. iso 9000

98. Political risks can be covered under policies.

Correct : A. ecgc

99. backs the lending programme of banks, by issuing financial guarantees.

Correct : A. ecgc

100. There are high risks in payment method.

Correct : C. open account