First Year Principles of Commerce Chapter 14 Online MCQ Test for 1st Year Principles of Commerce Chapter 14 (Export Trade)

This online test contains MCQs about following topics:

Meaning and definition of export trade . Methods of selling goods in foreign countries . Procedure of export

ICOM Part 1 Commerce Ch. 14 Test
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MCQ's Test For Chapter 14 "Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test"

Try The MCQ's Test For Chapter 14 "Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test

00:00
Question # 1

How many step in procedure of export trade

Question # 2

Due to export trade:

Question # 3

The indent is also called

Question # 4

Export trade includes all the activities, which are performed in sending goods from one country to another country is called

Question # 5

If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called

Question # 6

If the price and quality of goods alongwith other factors are decided before the execution of order then it is called

Question # 7

How many types of an indents

Question # 8

What is prepared by the exporter on the settlements of matters

Question # 9

The methods of selling goods in foreign countries

Question # 10

The methods of selling goods in foreign countries:

Question # 11

What is prepared by the exporter on the settlements of matters:

Question # 12

When both the parties are satisfied with the performance of each other then their deal comes to an end are called

Question # 13

Which documents are prepared by the exporter after the settlement of affairs are

Question # 14

Who does accept an indent

Question # 15

The indent is also called:

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11th Principles of Commerce Chapter 14 Test

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Sr.# Question Answer
1 State the procedure or steps of exporting goods are
A. Obtaining and acceptance of indent
B. Registration
C. Obtaining license
D. All of these
2 Who does accept and indent:
A. Exporter
B. Importer
C. Government
D. None of these
3 Export trade includes all the activities, which are performed in sending goods from one country to another country is called
A. Import trade
B. Export trade
C. Foreign trade
D. None of these
4 The indent is also called
A. marine insurance policy
B. Inquiry letter
C. Bill of lading
D. None of these
5 When both the parties are satisfied with the performance of each other then their deal comes to an end are called
A. End of deal
B. Securing payment
C. Delivery of documents
D. Dispatching the documents
6 Due to export trade
A. Increase in employment opportunities
B. Increase in foreign exchange
C. Relations with other countries establish
D. All of the above
7 The indent is also called:
A. Marine insurance policy
B. Inquiry letter
C. Bill of lading
D. None of these
8 How many methods of selling goods in foreign countries
A. 5
B. 7
C. 8
D. 9
9 Due to export trade:
A. Increase in employment opportunities
B. Increase in foreign exchange
C. Relations with other countries establish
D. All of the above
10 Who does accept an indent
A. Exporter
B. Importer
C. Government
D. None of these

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