Top 250+ Solved Export Import Procedures and Documentation MCQ Questions Answer
Q. License holder shall furnish following details of material being imported
a. Specifications
b. Technical Characteristics
c. Pricing
d. All of the Above
Q. Special Economic Zones were created to
a. Boost manufacturing
b. Augment exports
c. Generate employment
d. All of the above
Q. The importability or otherwise of a specified commodity into India is determined by
a. Foreign trade (Regulation ) Rules Act
b. Foreign Trade (Regulation and Development) Act
c. Imports and Exports (Control) Act
d. Foreign Trade (Exemption) Rules Act
Q. Which of the following is an example of intellectual property?Computer hardware
a. Trademarks.
b. Textiles.
c. Electronics equipment
d. none
Q. The period of time permitted for the fulfillment of the export obligation under EPCG is
a. 5 years
b. 8 years
c. 7 years
d. 10 years
Q. The notice for claim under the carriage of goods by rail is to be made within
a. 3 months
b. 4 months
c. 5 months
d. 6 months
Q. The area where the goods are permitted to be imported and re-exported without any processingin the same form is called
a. Export Processing Zone
b. Free Trade Zone
c. Special Economic Zone
d. Agri Export Zone
Q. What is the mode adopted by EIC for the purpose of inspection of good
a. Consignment to consignment
b. in process quality
c. Self certification
d. All of the above.
Q. An OBU set up in SEZ by a bank in India is subject to
a. No Capital Adequacy Norms
b. No prudential Accounting Norms
c. No CRR/SLR stipulation of RBI
d. No restrictions from Govt of India
Q. The export promotion scheme that enables the post export replenishment of duty on inputs usedin the export product is
a. Replenishment licence.
b. Duty remission scheme
c. Duty exemption scheme
d. Duty free replenishment certificate
Q. The export promotion scheme with the objective to neutralize the incidence of Customs dutyon the import content of the export product is
a. Export Promotion Capital Goods
b. Export Credit Guarantee
c. Duty Free Replenishment
d. Duty Entitlement Passbook
Q. The --------are also eligible for the facility of EOU/EPZ/ EHTP/STP scheme.
a. service providers
b. CHA
c. Bankers
d. none