Export Import Procedures and Documentation MCQs and Notes

V

Vinay • 28.75K Points
Instructor II

Q 1. Federation of Indian Exports organization arranges seminars & exhibitions to disseminate information.

(A) True
(B) False
(C) all
(D) none

A

Admin • 36.94K Points
Coach

Q 2. Trade promotion Organization imparts the -----------information available in foreign markets.

(A) advanced
(B) basic
(C) all
(D) none

A

Admin • 36.94K Points
Coach

Q 3. Both the FIEO and ITPO have almost -----------objectives

(A) common
(B) un-common
(C) all
(D) none

V

Vinay • 28.75K Points
Instructor II

Q 4. FERA and FEMA are one and the same

(A) Yes
(B) No
(C) all
(D) none

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 5. Current EXIM policy is for a period of 3 years

(A) 3 years
(B) 5 years
(C) 10 years
(D) none

P

Priyanka Tomar • 35.28K Points
Coach

Q 6. Premier Trading House certificate has been changed to--------------

(A) Five Star Export house
(B) Four Star Export house
(C) all
(D) none

G

Gopal Sharma • 38.32K Points
Coach

Q 7. Specific export requirements under the EPCG scheme have been reduced from 90% of normal amount consideration to --------------of the normal amount consideration.

(A) 95%
(B) 50%
(C) 75%
(D) none

R

Ranjeet • 34.60K Points
Instructor I

Q 8. As per the new trade policy, the previously existing Served From India Scheme (SFIS) has been scrapped, in its place the ------------------------------ scheme has been announced.

(A) Services Export from India (SEIS)
(B) Marine Export from India
(C) all
(D) none

P

Priyanka Tomar • 35.28K Points
Coach

Q 9. As per the MEIS scheme, the export promotion reward ------------- shall be issued to exporters without any attached conditions on the basis of realised FOB value provided they pertain to goods notified for the scheme by the government.

(A) scrips
(B) schemes
(C) all
(D) none

R

Ranjeet • 34.60K Points
Instructor I

Q 10. MEIS scheme actually is-

(A) Marine Export from India scheme
(B) Mining products Export from India scheme
(C) Merchandise Exports from India Scheme
(D) none

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