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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test"
Try The MCQ's Test For Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test
00:00
Question # 1
Because of import trade, the demand for national / home products:
Question # 2
How many copies of bill of lading are prepared:
Question # 3
Because of international trade, the less developed countries make progress:
Question # 4
In case of emergency, foreign trade makes the supply of goods:
Question # 5
A charter party is
Question # 6
The exporter gets the certificate of origin from
Question # 7
Due to foreign trade, the less developed countries:
Question # 8
If goods are bought from another country for exporting, it is called
Question # 9
What is written on the bill of entry of goods:
Question # 10
Who does write the delivery order:
Question # 11
What does happen after the exchange of goods
Question # 12
Who does write the delivery order
Question # 13
If goods are bought from another country for exporting, it is called:
Question # 14
The exporter gets the certificate of origin from:
Question # 15
Because of foreign trade, the demand for national/ home products
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.
Top Scorers Of Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test" MCQ`s Test
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A Arham Khan 09 - Jun - 2024 00 Min 34 Sec 15/15 -
M Minahil Asif 01 - Jun - 2024 00 Min 58 Sec 15/15 -
S Sawera Ali 16 - Oct - 2024 01 Min 07 Sec 15/15 -
S Subtain Ahmed Raza 17 - Jul - 2023 01 Min 14 Sec 15/15 -
K KHALIL UR REHAMAN 17 - Aug - 2022 01 Min 14 Sec 15/15 -
M M.Anas 01 - Feb - 2021 01 Min 18 Sec 15/15 -
A Asim Ismail 01 - Sep - 2021 01 Min 53 Sec 15/15 -
H Horia khan 08 - Aug - 2021 02 Min 22 Sec 15/15 -
M Maryam Khan 06 - Apr - 2021 05 Min 01 Sec 15/15 -
H hamza abid 03 - Jul - 2022 10 Min 50 Sec 15/15 -
O Oneeza 16 - Aug - 2021 10 Min 50 Sec 15/15 -
F Fatima 10 - Aug - 2021 00 Min 25 Sec 14/15 -
A ABDUL QAYYUM 13 - Jun - 2023 01 Min 11 Sec 14/15 -
U Umar 07 - Dec - 2020 01 Min 22 Sec 14/15 -
R Rizwana 22 - Feb - 2021 02 Min 10 Sec 14/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 12 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Due to foreign trade, the less developed countries: |
A. Becomes international slaves
B. Do not progress
C. Do not live alone
D. None of these
|
| 2 | What does happen after the exchange of goods: |
A. Development of cordial relations between the countries
B. More chances of fight or war
C. Economic crises arise
D. Scarcity of goods
|
| 3 | Because of international trade, the less developed countries make progress: |
A. Economically
B. Politically
C. Stately/republically
D. None of the above
|
| 4 | A charter party is: |
A. A contract to reserve a ship for carrying goods
B. Application for opening the letter of credit
C. Letter of indemnity
D. All the three
|
| 5 | The person who makes arrangements for the departure of goods: |
A. Forwarding agent
B. Clearing agnet
C. Commission agent
D. Underwritter
|
| 6 | The bill of lading reveals the |
A. Legal ownership of goods
B. Price of goods
C. Government ownership of goods
D. None of the above
|
| 7 | 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
|
| 8 | The person who makes arrangements for the departure of goods |
A. Forwarding agent
B. Clearing agent
C. Commission agent
D. Underwriter
|
| 9 | 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
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| 10 | 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
|
Test Questions
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