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Export and Import Procedures

11th Commerce - Export and Import Procedures Model Question Paper

Export and Import Procedures Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5

  1. EPC stands for _____.

    (a)

    Export Processing Commission

    (b)

    Export Promotion Council

    (c)

    Export Carriage Council

    (d)

    Export Promotion Congress

  2. STC is expansion for_______.

    (a)

    State Training Centre

    (b)

    State Training Council

    (c)

    State Trading Centre

    (d)

    State Trading Corporation

  3. An _________ is document prepared by importer an sent to the exporter to buy the goods.

    (a)

    Invoice

    (b)

    Indent

    (c)

    Enquiry

    (d)

    Charter party

  4. The ___________ receipt is an acknowledgement of receipt of goods on the ship issued by the Captain.

    (a)

    Shipping Bill

    (b)

    Bill of Lading

    (c)

    Mate's Receipt

    (d)

    Consular Invoice

  5. The Exporters appoint the _________ agent to fulfill the customs formalities

    (a)

    Clearing Agent

    (b)

    Forwarding Agent

    (c)

    Commission Agent

    (d)

    Factor

    6. 5 x 2 = 10

  6. What is meant by Indent?

  7. Write any two export promotion institutions.

  8. Mention the types of Indent.

  9. What is meant by Letter of Credit?

  10. What is the difference between documents against acceptance and documents against payment?

    11. 5 x 3 = 15

  11. What are the contents of Indents?

  12. What is meaning of consular invoice?

  13. What is meant Charter Party?

  14. What is meant by Mate’s receipt?

  15. What is Bill of Lading?

    16. 4 x 5 = 20

  16. What are the procedures relating to Export Trade?

  17. Distinguish between Bill of Lading and Charter party?

  18. What are the documents used in Export Trade?

  19. Explain the various functions of Export Trading Houses.

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