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11th Standard English Medium Commerce Subject Export and Import Procedures Creative 1 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. The hiring of entire ship for a specific time period is called ______

    (a)

    Shipping order

    (b)

    Voyage Charter

    (c)

    Charter Party

    (d)

    Time Charter

  2. Dock Receipt is also called as ________

    (a)

    Port Trust Receipt

    (b)

    Shipping Bill Receipt

    (c)

    Bill of Lading

    (d)

    None of the above

  3. __________company enjoys ownership accommodation in more than one country.

    (a)

    Multinational

    (b)

    Bilateral

    (c)

    Indigenous

    (d)

    Foreign

  4. Economies of scale are enjoyed when goods are produced at___________.

    (a)

    small-scale

    (b)

    large-scale

    (c)

    lower-scale

    (d)

    consumption level

  5. _____trade equalizes the prices of goods throughout the world.

    (a)

    Home

    (b)

    Internal

    (c)

    Foreign

    (d)

    Water

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