Chapter 12 : International Business-II

1. Which of the following document are not required for obtaining an export license?
(a) IEC number
(b) Letter of credit
(c) Registration cum membership certificate
(d) Bank account number

(b) Letter of credit

 

Do Your Homework Ecard 2. Which of the following documents is not required in connection with an import transaction?
(a) Bill of lading
(b) Shipping bill
(c) Certificate of origin
(d) Shipment advice

(b) Shipping bill

 

follow 3. Which of the following do not form part of duty drawback scheme? http://www.siliconp.de/?cover-letter-grad-school-admissions cover letter grad school admissions
(a) Refund of excise duties
(b) Refund of custom duties
(c) Refund of export duties
(d) Refund of income dock charges at the port of shipment

(d) Refund of income dock charges at the port of shipment

source 4. Which of the following documents is not a document related to the fulfil the customs formalities?
(a) Shipping bill
(b) Export licence
(c) Letter of insurance
(d) Proforma invoice

(b) Export licence

 

5. Which one of the following is not a part of export documents?
(a) Commercial invoice
(b) Certificate of origin
(c) Bill of entry
(d) Mate’s receipt

(c) Bill of entry

 

6. A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as

(a) Shipping receipt
(b) Mate receipt
(c) Cargo receipt
(d) Charter receipt

(b) Mate receipt

 

7. Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shippers name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
(a) Shipping bill
(b) Packaging list
(c) Mate’s receipt
(d) Bill of exchange

(a) Shipping bill

 

8. The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is
(a) Letter of hypothetication
(b) Letter of credit
(c) Bill of lading
(d) Bill of exchange

(b) Letter of credit

 

9. Which of the following does not belong to the World Bank group?
(a) IBRD
(b) IDA
(c) MIGA
(d) IMF

(d) IMF

 

10. TRIP is one of the WTO agreements that deal with
(a) Trade in agriculture
(b) Trade in services
(c) Trade related investment measures
(d) None of these

► (d) None of these