CBSE  /  Class 11  /  Business Studies  /  International Business 2

  • 1. 
    TRIP is one of the WTO agreements that deal with

  • Trade in agriculture
  • Trade in services
  • Trade related investment measures
  • None of these

  • 2. 
    The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is

  • Letter of hypothetication
  • Letter of credit
  • Bill of lading
  • Bill of exchange

  • 3. 
    A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as

  • Shipping receipt
  • Mate receipt
  • Cargo receipt
  • Charter receipt

  • 4. 
    Which one of the following is not a document related to fulfill the customs formalities

  • Shipping bill
  • Export license
  • Letter of insurance
  • Proforma invoice

  • 5. 
    Which of the following documents is not required in connection with an import transaction?

  • Bill of lading
  • Shipping bill
  • Certificate of origin
  • Shipment advice

  • 6. 
    SMEs stands for:

  • Small and Medium Entrepreneurs
  • Small Management of Enterprises
  • Small and Medium-sized Enterprises.
  • Societies for Managing Exports

  • 7. 
    MNC Stands for

  • Multi-National Cooperation
  • Multi-National Corporation
  • Multi-National Company
  • Multi-National Collaboration

  • 8. 
    IPR stands for

  • Intellectual property rights
  • International property rights
  • Internal promotion rights
  • Interior promotional rights

  • 9. 
    WTO stands for

  • World technology association
  • World time organization
  • World trade organization
  • World tourism organization

  • 10. 
    .........is only a legal agreement and it is not an institution, but ...... is a permanent institution.

  • GATT, WTO
  • WTO, GATT
  • WTO, IMF
  • IMF, GATT
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