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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
Who does write the delivery order:
Question # 2
The person who makes arrangements for the departure of goods
Question # 3
In case of emergency, foreign trade makes the supply of goods
Question # 4
Who does write the delivery order
Question # 5
A charter party is:
Question # 6
The bill of lading reveals the
Question # 7
What is prepared after sending the goods:
Question # 8
What does happen after the exchange of goods:
Question # 9
What is prepared after sending the goods
Question # 10
If goods are bought from another country for exporting, it is called:
Question # 11
In case of emergency, foreign trade makes the supply of goods:
Question # 12
Due to foreign trade, the less developed countries:
Question # 13
How many copies of bill of lading are prepared
Question # 14
What does happen after the exchange of goods
Question # 15
Because of international trade, the less developed countries make progress:
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 -
H hafsa 03 - Dec - 2020 01 Min 44 Sec 15/15 -
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H hamza abid 03 - Jul - 2022 10 Min 50 Sec 15/15 -
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A ABDUL QAYYUM 13 - Jun - 2023 01 Min 11 Sec 14/15 -
U Umar 07 - Dec - 2020 01 Min 22 Sec 14/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 12 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 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 | 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
|
| 3 | How many copies of bill of lading are prepared: |
A. Two
B. Three
C. Four
D. Five
|
| 4 | 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
|
| 5 | 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
|
| 6 | 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
|
| 7 | 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
|
| 8 | Because of import trade, the demand for national / home products: |
A. Reduces
B. Increases
C. Remains normal
D. Both (a) and (b)
|
| 9 | How many copies of bill of lading are prepared |
A. Two
B. Three
C. Four
D. Five
|
| 10 | Who does write the delivery order |
A. Exporter
B. Owner of goods at port
C. Importer's bank
D. Govt. agent
|
Test Questions