Export Marketing | Set 2

1. Packing credit is also known as finance.

A. pre-shipment

B. post-shipment

C. capital

D. fixed

Correct : A. pre-shipment

2. 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

Correct : A. countertrade

3. EXIM finances term loans.

A. long

B. short

C. fixed

D. micro

Correct : A. long

4. ECGC is owned and governed by .

A. government of india

B. cooperatives

C. traders

D. corporations

Correct : A. government of india

5. SIDBI provides .

A. pre-shipment finance

B. post-shipment finance

C. financing bank schemes

D. all of the above

Correct : D. all of the above

6. Which among the following is not a type of LC ?

A. advance payment

B. revocable

C. confirmed

D. transferable lc

Correct : A. advance payment

7. LC cannot be modified or cancelled without the consent of the exporter.

A. revocable

B. irrevocable

C. stand-by

D. back-to-back

Correct : B. irrevocable

8. LC is the safest LC in export business.

A. confirmed

B. revocable

C. unconfirmed

D. non-transferable

Correct : A. confirmed

9. Period of pre-shipment finance is days.

A. 45

B. 90

C. 180

D. 360

Correct : C. 180

10. Exporter has to register with one of the following authorities.

A. rbi

B. exim bank

C. dgft

D. ecgc

Correct : C. dgft

11. The exporter gets from DGFT.

A. iec number

B. pan number

C. aadhaar number

D. credit number

Correct : A. iec number

12. Let export order is received from the Customs .

A. preventive officer

B. examiner

C. superintendent

D. custom officer

Correct : B. examiner

13. Mate’s Receipt is issued by .

A. customs

B. captain of the ship

C. importer

D. inspection agency

Correct : B. captain of the ship

14. The CHA is also known as .

A. c&f agent

B. consignor

C. customs official

D. shipping company

Correct : A. c&f agent

15. The CHA submits the relevant export documents to the for the purpose of verification.

A. rbi

B. sidbi

C. customs house

D. shipping company

Correct : C. customs house

16. The CHA has to obtain from the Port Trust Authorities.

A. commercial invoice

B. let export order

C. let ship order

D. carting order

Correct : D. carting order

17. Customs Preventive Office issues order.

A. let export

B. let ship

C. carting

D. mate’s

Correct : B. let ship

18. The shipping bill is made in copies.

A. one

B. three

C. five

D. seven

Correct : C. five

19. Bill of lading is issued by company.

A. transport

B. shipping

C. warehousing

D. outsourcing

Correct : B. shipping

20. The export proceeds realization in India should take place within days.

A. 91

B. 201

C. 360

D. 421

Correct : C. 360

21. indicates the country in which the goods are manufactured.

A. consular invoice

B. certificate of origin

C. commercial invoice

D. shipping bill

Correct : B. certificate of origin

22. Consular invoice is issued in copies.

A. one

B. three

C. five

D. seven

Correct : B. three

23. gives title to the goods in export business.

A. bills of exchange

B. bill of lading

C. shipping bill

D. commercial bill

Correct : B. bill of lading

24. 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

Correct : B. packing list

25. Shipping bill is not an export document.

A. coastal

B. dutiable

C. ex-bond

D. dbk

Correct : A. coastal

26. Certificate of origin can be issued by .

A. exim

B. epc

C. sidbi

D. ecgc

Correct : B. epc

27. Consular invoice is issued by .

A. consulate officer

B. customs officer

C. cha

D. importer

Correct : A. consulate officer

28. 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

Correct : A. airway

29. is an important document required for realization of export proceeds.

A. gr form

B. are-1 form