| 1 |
The source of importing goods: |
- A. Wholesaler (trader)
- B. Indent firm
- C. Foreign purchase office
- D. All of the above
|
| 2 |
After the arrival of goods at port, the importer presents its complete detail to custom officials, this detail is called |
- A. Bill of lading
- B. Bill of sight
- C. Bill of entry
- D. None of these
|
| 3 |
If the importer cannot supply the details of goods to customer officials then he gives an application to them to examine the goods, this statement is called |
- A. Bill of sight
- B. Bill of lading
- C. Bill of entry
- D. Bill of order
|
| 4 |
The letter of credit is opened on the request of |
- A. Importer
- B. Exporter
- C. Government
- D. None of these
|
| 5 |
If the importer cannot supply the details of goods to customer officials then he gives an application to them to examine the goods, this statement is called: |
- A. Bill of sight
- B. Bill of lading
- C. Bill of entry
- D. Bill of order
|
| 6 |
Choose the full form of F.A.S |
- A. Free Alongside Ship
- B. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Foreign Agricultural Service</span>
- C. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Federation of American Scientists</span>
- D. None of these
|
| 7 |
Choose the correct full form of F.O.B |
- A. Free On Board
- B. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Forward Operating Base</span>
- C. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Fall Out Boy</span>
- D. <span style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: small;">Freight On Board</span>
|
| 8 |
The indent in which the complete detail of goods is written called: |
- A. Close indent
- B. Open indent
- C. complete indent
- D. None of these
|
| 9 |
A price, which includes cost of goods plus custom duty and all its relevant expenses up to this stage are called |
- A. Duty paid
- B. In bond price
- C. Custom duties
- D. Excise duty
|
| 10 |
An import trader can get himself registered under: |
- A. import and export control Act 1950
- B. import and export control Act 1952
- C. import and export control Act 1975
- D. None of these
|
