Which of the following institution provides insurance against various risks in international trade?

(a)

Export Promotion Council

(b)

Export and Credit Guarantee Corporation

(c)

Commodity Board

(d)

State Trading Corporation

EXIM Bank was established in the year______.

(a)

1952

(b)

1962

(c)

1972

(d)

1982

Which one of the following is not the export trade procedures?

(a)

Arrival of goods

(b)

Packing and forwarding

(c)

Preparation of invoice

(d)

Insurance of goods

Which one of the following is not a import trade procedure?

(a)

Obtaining foreign exchange

(b)

Obtaining certificate of origin

(c)

Obtaining letter of credit

(d)

Receipt of shipment advice

Which one of the following document is not required in connection with an import trade?

(a)

Bill of entry

(b)

Bill of sight

(c)

Mate's receipt

(d)

Letter of credit