D.P.

S VINDHYANAGAR

PROJECT FILE ON IMPORT AND EXPORT

SUBMITTED TO: RESPECTED,SHILPI D. UPADHYAY MAM
SUBMITTED BY: NITISH SAHAWAL

DATE OF SUBMISSION : 22/03/2022

QUIZ ON IMPORT AND EXPORT

❖_____ are agents who merely bring the buyer and the seller into contact
A. Selling agent
B. Commission agent
C. Stockist
D. Broker
ANS : Broker
❖A warehouse keeper accepts goods for the purpose of ______
A. Selling
B. Packaging
C. Export
D. Storage
ANS : Storage
❖When goods are imported for the purpose of export is called as ______
A. Foreign trade
B. Entrepot
C. Home trade
D. Trade
ANS : Entrepot
❖Which of the following is international trade?
A. Trade between provinces
B. Trade between regions
C. Trade between countries
D. (B) and (C)
ANS : Trade between countries
❖Trade between two countries can be useful if cost ratios of goods are
A. Equal
B. Different
C. Undetermined
D. Decreasing
ANS : Different
❖Govt. Policy about export and import is called
A. Commercial policy
B. Fiscal policy
C. Monetary policy
D. Finance policy
ANS : Commercial policy
❖Market in which currencies buy and sell and their prices settle on is called
the
A. International bond market
B. International capital market
C. Foreign exchange market
D. Eurocurrency market
ANS : Foreign exchange market
❖An agent is appointed by the ________
A. Principal
B. Manufacturer
C. Wholesaler
D. Retailer
ANS : Principal
❖The persons who come in between the primary producer and the final
consumer to promote trade is called as _______
A. Trader
B. Middleman
C. Auctioneer
D. Agent
ANS : Trader
❖Which of the following organisations prepare human development report
A. World bank
B. International Monetary Fund (IMF)
C. United Nations Organisation (UNO)
D. United Nations Development Programme (UNPD)
ANS : United Nations Development Programme (UNPD)
❖The purchase of goods from a foreign country is called _______
A. Entreport
B. Import
C. RE-Export
D. Export
ANS : Import