Export and Import Procedures Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 02:00:00 Hrs
Total Marks : 50
    6 x 1 = 6
  1. EPC stands for

    (a)

    Export Processing Commission

    (b)

    Export Promotion Council

    (c)

    Export Carriage Council

    (d)

    Export Promotion Congress

  2. STC is expansion of

    (a)

    State Training Centre

    (b)

    State Training Council

    (c)

    State Trading Centre

    (d)

    State Trading Corporation

  3. An ___________ is a document prepared by the importer and 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 fulfil the customs formalities.

    (a)

    Clearing Agent

    (b)

    Forwarding Agent

    (c)

    Commission Agent

    (d)

    Factor

  6. EXIM Bank was established in the year

    (a)

    1952

    (b)

    1962

    (c)

    1972

    (d)

    1982

  7. 7 x 2 = 14
  8. What is meant by indent?

  9. Write any two export promotion institutions.

  10. Mention the types of indent.

  11. What is Letter of credit?

  12. Who are Commission Agent?

  13. What is shipping document?

  14. What are the types of bills of exchange?

  15. 5 x 3 = 15
  16. What are the contents of Indent?

  17. What is meant by Charter Party?

  18. What is Bill of Lading?

  19. What are the main function of EXIM Bank?

  20. What are the import documents?

  21. 3 x 5 = 15
  22. Distinguish between Bill of Lading and Charter party?

  23. What are the documents used in Export Trade?

  24. What are the objectives of Import Trade?

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