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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
Due to foreign trade, the less developed countries:
Question # 2
The person who makes arrangements for the departure of goods
Question # 3
Who does write the delivery order
Question # 4
The bill of trading reveals the:
Question # 5
What is written on the bill of entry of goods
Question # 6
Because of import trade, the demand for national / home products:
Question # 7
Because of foreign trade, the demand for national/ home products
Question # 8
What is prepared after sending the goods:
Question # 9
Who does write the delivery order:
Question # 10
The exporter gets the certificate of origin from
Question # 11
How many copies of bill of lading are prepared:
Question # 12
If goods are bought from another country for exporting, it is called
Question # 13
If goods are bought from another country for exporting, it is called:
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 -
A Asim Ismail 01 - Sep - 2021 01 Min 53 Sec 15/15 -
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F Faiqa alam 03 - Dec - 2020 03 Min 07 Sec 15/15 -
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F Fatima 10 - Aug - 2021 00 Min 25 Sec 14/15 -
A ABDUL QAYYUM 13 - Jun - 2023 01 Min 11 Sec 14/15
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Because of international trade, the less developed countries make progress |
A. Economically
B. Politically
C. Stately/republically
D. None of the above
|
| 2 | 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
|
| 3 | How many copies of bill of lading are prepared |
A. Two
B. Three
C. Four
D. Five
|
| 4 | Who does write the delivery order |
A. Exporter
B. Owner of goods at port
C. Importer's bank
D. Govt. agent
|
| 5 | The exporter gets the certificate of origin from: |
A. Chamber of commerce
B. Custom officials
C. Importing bank
D. Exporting banks
|
| 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 | What is prepared after sending the goods |
A. Bill of lading
B. Invoice
C. Receipt of mate
D. All of these
|
| 8 | The exporter gets the certificate of origin from |
A. Chamber of commerce
B. Custom officials
C. Importing bank
D. Exporting bank
|
| 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 bill of trading reveals the: |
A. Legal ownership of goods
B. Price of goods
C. Government ownership of goods
D. None of the above
|
| 11 | 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
|
| 12 | 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
|
| 13 | In case of emergency, foreign trade makes the supply of goods: |
A. Easy
B. Difficult
C. Unimportant
D. Important
|
| 14 | Because of import trade, the demand for national / home products: |
A. Reduces
B. Increases
C. Remains normal
D. Both (a) and (b)
|
| 15 | The person who makes arrangements for the departure of goods: |
A. Forwarding agent
B. Clearing agnet
C. Commission agent
D. Underwritter
|
Test Questions
