11th class Principles of Commerce chapter 13 online mcq test with answers for I.Com part 1 Principles of Commerce chapter 13(Import Trade)

This online test contains MCQs about following topics:

Meaning & definition of import trade . Doucments and terms used in foreign trade . Means of importing goods . Methods of imternational payment . Procedure of importing goods

ICOM Part 1 Commerce Ch. 13 Test

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ICOM Part 1 English Medium Subjects

Principles of Accounting

Principles of Economics

Principles of Commerce

ICOM Part 1 Urdu Medium Subjects

Principles of Commerce

Principles of Economics

Principles of Accounting

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hamza abid 03 - Jul - 2022 10 Min 50 Sec 14/15
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Oneeza 16 - Aug - 2021 10 Min 50 Sec 14/15

ICom Part 1 Principle of Commerce (English Medium) Chapter 13 Important MCQ's

Sr.#	Question	Answer
1	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
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	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
4	When goods are received in home country after purchasing them from other countries is called	A. Import trade B. Export trade C. Both a and b D. None of these
5	Choose the correct full form of F.O.B	A. Free On Board B. Forward Operating Base C. Fall Out Boy D. Freight On Board
6	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
7	Choose the full form of F.A.S	A. Free Alongside Ship B. Foreign Agricultural Service C. Federation of American Scientists D. None of these
8	A price, which includes cost of goods plus delivery charges, dock charges, ship freight, export duty and loading charges are called	A. Ex-ship charges B. In bond price C. Duty paid D. Custom duties
9	Choose the correct full form of C&F	A. Cost & Freight B. Cost & Feasibility C. Carriage & Freight D. Carriage & Freight
10	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

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First Year Principles of Commerce Chapter 13 Online MCQ Test for 1st Year Principles of Commerce Chapter 13 (Import Trade)

ICOM Part 1 English Medium Subjects

ICOM Part 1 Urdu Medium Subjects

MCQ's Test For Chapter 13 "Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test"

Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test

Import means the purchase of goods and services from foreign countries are called

When goods are received in home country after purchasing them from other countries is called

An import trader can get himself registered under

The letter of credit is opened on the request of:

The indent in which the complete detail of goods is written called

If the trader does not want to get the goods himself, he issues to the officials

After the arrival of goods at port, the importer presents its complete detail to custom officials, this detail is called

The letter of credit is opened on the request of

How many important terms of import trade

A price, which includes cost of goods plus delivery charges, dock charges, ship freight, export duty and loading charges are called

Choose the correct full form of F.O.B

The source of importing goods:

If the trader does not want to get the goods himself, he issues to the officials:

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:

An import trader can get himself registered under:

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11th Principles of Commerce Chapter 13 Test

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ICom Part 1 Principle of Commerce (English Medium) Chapter 13 Important MCQ's

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