Export and Import Procedures Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:40:00 Hrs
Total Marks : 25
    2 x 1 = 2
  1. EPC stands for

    (a)

    Export Processing Commission

    (b)

    Export Promotion Council

    (c)

    Export Carriage Council

    (d)

    Export Promotion Congress

  2. The Exporters appoint the _________ agent to fulfil the customs formalities.

    (a)

    Clearing Agent

    (b)

    Forwarding Agent

    (c)

    Commission Agent

    (d)

    Factor

  3. 2 x 2 = 4
  4. What is meant by indent?

  5. What is Letter of credit?

  6. 3 x 3 = 9
  7. What are the contents of Indent?

  8. What is meant by Charter Party?

  9. What is Bill of Lading?

  10. 2 x 5 = 10
  11. Distinguish between Bill of Lading and Charter party?

  12. Explain the various functions of Export Trading Houses.

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