MCQ Bank
Commission agents are those intermediaries who invest their money in exporter’s businesses.
- A) True
- B) False
- C)
- D)
Local travel and tour guides are a source of finding correct agents and distributors for exports.
- A) True
- B) False
- C)
- D)
Export contracts include terms of delivery only.
- A) False
- B) True
- C)
- D)
Duration of the export contract must be properly documented.
- A) True
- B) False
- C)
- D)
Who will be liable for the loss if damage occurs to the goods during shipping?
- A) Cargo
- B) Agents
- C) Importer
- D) Exporter
ISO 9000:2008 has recently been replaced with:
- A) ISO 9000:2016
- B) ISO 9000:2013
- C) ISO 9000:2015
- D) ISO 9000:2014
Standard used to ensure quality of the products/ services is:
- A) ISO 9000
- B) ISO 14000
- C) ISO 4000
- D) ISO 19000
Similar or equivalent product lines from other countries should not be held by the agent.
- A) False
- B) True
- C)
- D)
Subsidiary is a sub company of main exporting company and is situated in importing country.
- A) True
- B) False
- C)
- D)
ISO 14000 is related to:
- A) Protection management
- B) System management
- C) Quality Management
- D) Environment management
Better distribution service providers always provide after sale services.
- A) False
- B) True
- C)
- D)
Which of the following is an important benefit of ISO 14000 standard?
- A) Increase in productivity
- B) Better management
- C) Improved packaging
- D) Increased employee satisfaction
According to export contracts, exporter does not have the right to refuse order.
- A) False
- B) True
- C)
- D)
Phytosanitary certificate is also referred to as:
- A) Bill of lading
- B) Cargo certificate
- C) Fumigation certificate
- D) Health certificate
Certificate of origin is also called:
- A) Form V
- B) Form B
- C) Fumigation certificate
- D) Form E
Export documents do not include pricing terms.
- A) False
- B) True
- C)
- D)
Certificate of origin plays an important role with respect to:
- A) Custom
- B) Storing
- C) Shipping
- D) Packaging
Foreign exchange act was formed in year:
- A) 1948
- B) 1949
- C) 1947
- D) 1946
Procter and Gamble Pakistan is local representative of International Procter and Gamble.
- A) False
- B) True
- C)
- D)
_______ is a receipt from carrier of shipment, which is given to exporter.
- A) Commercial invoice
- B) Cargo certificate
- C) Bill of lading
- D) Fumigation certificate