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International Trade Practices And Procedures
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International Trade Practices And Procedures
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25 Questions

1. The following is a must for an exporter
2. The standard policy of ECGC covers risk of.
3. Adoption of incoterms is.
4. If export cargo is lost in transit, the exporter should.
5. A transferable letter of credit.
6. The standard policy of ECGC is issued.
7. Under a letter of credit, the bill of exchange should be drawn on.
8. The drawback of non-negotiable sea waybill is.
9. An exporter who deals in multi products should get Registration-cum-Membership Certificate from.
10. A letter of credit is required to be completer and precise. It means.
11. The standard policy of ECGC protects loss to the extent of.
12. A letter of credit carries an undertaking of the opening bank to pay up to a specified amount in case of non-performance of certain obligation by the applicant. This letter of credit is.
13. Advising of letter of credit will be done by the bank.
14. The Small Exporters Policy of ECGC is issued to.
15. Under the confirmed letter of credit the undertaking the confirming bank is.
16. The following invoice does not evidence sale.
17. The advantage to the exporter of running account facility of packing credit is.
18. If the importer refuses to accept the bill drawn on him the exporter.
19. A bank which issues a preliminary advice of issuance of an irrevocable credit.
20. Advance payment guarantee assures.
21. A letter of credit is addressed to.
22. Post-shipment credit in foreign currency can be availed by.
23. A confirmed letter of credit is one.
24. A teletransmission will be considered an operative instrument where.
25. Obtaining quality certification is compulsory for.

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