CBSE Questions for Class 11 Commerce Business Studies International Business Quiz 9 - MCQExams.com

Answer the following question.
The software company promoted by Narayan murthy is _________.
  • Wipro
  • Infosys
  • Satyam
  • HCL
Which of the following is correct about the situation of 'inverted custom duty'?
  • When due to some exemptions custom duty on the similar goods are lower for the multinational firms in comparison to the domestic firms.
  • When the import duty applicable on the finished product is lower then on the raw material
  • When custom duties are lower on the raw materials and higher on the finished goods.
  • When the countries with low tax regime (tax havens) give high export subsidies to making the indigenous industries suffer in trade.
_____ is an important document used by freight forwarders to prepare a bill of lading and to understand how much cargo is needed.
  • Packing list
  • Electronic Export Information
  • Consular Invoice
  • Commercial Invoice
______________ is an instruction to the captain of the ship that the specified goods after their custom clearance at a designated port be received on board.
  • Certificate of Origin
  • Shipping Order
  • Bill of Exchange
  • Bill of Lading
_____________ is known as the outsourcing of the production process, wholly or partially, to focus on core competencies.
  • Licensing
  • Franchising
  • Contract manufacturing
  • Joint Venture
Mate's receipt is issued by ____________.
  • Shipping Company
  • Custom Authority
  • Port Supervisor
  • Captain of the ship
Yellow coloured bill of entry is for ______________.
  • Warehousing
  • Exbond bill of entry
  •  Home Consumption
  • None of the above
___________ certificate is necessary to prove that goods are produced in the home country itself.
  • Certificate of Origin
  • Mate's Receipt
  • Performa Invoice
  • Bills of lading
Which of the following provide subsidies and benefits to exporters?
  • IEC 
  • RCMC
  • Certificate of Origin
  • None of the above
The exporter prepares ___________ to apply for inspection by the export inspection agency.
  • Intimation of Inspection
  • Shipping Order
  • Insurance Declaration
  • Mate's Receipt
Airway Bill is the same as which of the following document in the case, the goods are shipped by air instead of water?
  • Bill of Entry
  • Mate's Receipt
  • Bill of Lading
  • None of the above
Green coloured bill of entry is for_____________.
  • Home Consumption
  • Warehousing
  • Ex-bond Bill of Entry
  • None of the above
Which of the following enterprises have the benefit of an established brand name at the time of its incorporation?
  • Departmental Undertaking
  • Government Company
  • Statutory Corporation
  • Joint Venture
Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shipper's name, the numbers of packages, the shipping bill, port of destination and name of the vehicle carrying the cargo?
  • Shipping bill
  • Packaging list
  • Mate's receipt
  • Bill of exchange
0:0:1


Answered Not Answered Not Visited Correct : 0 Incorrect : 0

Practice Class 11 Commerce Business Studies Quiz Questions and Answers