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12th Chapter

11th Principles of Commerce Chapter 12 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 12 Foreign Trade Test. Click the button for 100% free full practice test.

First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

This online test contains MCQs about following topics:

Meaning, definition and causes . Importance, disadvantafes and problems of foreign trade . Documents used in foriegn trade . Difference between foreign trade and home trade

ICOM Part 1 Commerce Ch. 12 Test
ic

First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

Sr. # Questions Answers Choice
1 What is written on the bill of entry of goods
  • A. Quantity and price
  • B. Value of insurance
  • C. Quality and type
  • D. None of the above
2 What is prepared after sending the goods
  • A. Bill of lading
  • B. Invoice
  • C. Receipt of mate
  • D. All of these
3 The document issued by an authorized officer after counting and checking the loaded goods on ship
  • A. Shipping order
  • B. Receipt order
  • C. Marine insurance
  • D. Bill of lading
4 The bill of trading reveals the:
  • A. Legal ownership of goods
  • B. Price of goods
  • C. Government ownership of goods
  • D. None of the above
5 The exporter gets the certificate of origin from
  • A. Chamber of commerce
  • B. Custom officials
  • C. Importing bank
  • D. Exporting bank
6 Who does write the delivery order:
  • A. Exporter
  • B. Owner of goods at port
  • C. Importer's bank
  • D. Govt. agnet
7 Because of international trade, the less developed countries make progress
  • A. Economically
  • B. Politically
  • C. Stately/republically
  • D. None of the above
8 What is prepared after sending the goods:
  • A. Bill of lading
  • B. Invoice
  • C. Receipt of mate
  • D. All of these
9 If goods are bought from another country for exporting, it is called
  • A. Export trade
  • B. Import trade
  • C. Entrepot trade
  • D. None of these
10 The exporter gets the certificate of origin from:
  • A. Chamber of commerce
  • B. Custom officials
  • C. Importing bank
  • D. Exporting banks

Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
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Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
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Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
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Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
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Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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