Business and Commerce MCQ Questions and Solutions with Explanations | Commerce

A. Mandatory

B. Optional

C. Mandatory for private company

D. None of the above

A. an exporter

B. an importer

C. custom authorities

D. shipping company

A. Only one market can better be served with differentiated products

B. FDI overcomes tariff and transport cost involved in trade

C. It reduces financial risk through greater diversification

D. It creates harmonious political relations

A. 3

B. 2

C. 10

D. 20

A. Direct selling

B. Stock offer

C. International bidding

D. None of the above

A. An office equipment

B. Record keeping

C. Modern aid to office management

D. None of these

A. Ad valorem Duty

B. Compound Duty

C. Specific Duty

D. Import Duty

A. Export of goods

B. Import of goods

C. Neither import nor export

D. Export of imported goods and services

A. Indent

B. Mate's certificate

C. Shipping order

D. Marine insurance

A. Principle of purpose

B. Principle of Efficiency

C. Principle of division of labour

D. Principle of profit