Export Finance MCQ | 25 Free MCQs on Export Marketing

21. ________ finance is also referred to as packing credit.
(a) Pre-shipment
(b) Post-shipment
(c) Long-term

22. Post-shipment finance is generally available for a period of _______ days.
(a) 180
(b) 360
(c) 90

23. _______ provides medium term and long term export finance to small units.
(a) EXIM Bank
(b) SIDBI
(c) ECGC

24. Packing credit is generally provided for a period of _______ days.
(a) 90
(b) 180
(c) 380

25. _________ is the safest method of payment in international trade.
(a) Documents against Acceptance
(b) Deferred credit
(c) Letter of credit

26. Generally, there are ________ parties involved in letter of credit.
(a) 6
(b) 3
(c) 2

27. Under ________ method, the documents are released to the importer against payment of bills.
(a) Documents against Acceptance
(b) Letter of Credit
(c) Documents against Payment

28. ________ covers credit risks of the exporters.
(a) ECGC
(b) EXIM Bank
(c) Marine Insurance

29. ________ policy of ECGC covers risks in the case of consumer goods.
(a) Specific
(b) Standard
(c) Services

30. Commercial risks include ________ .
(a) risks due to war
(b) insolvency of the buyer
(c) risks due cancellation of import licence

Answers: 21)Pre-shipment 22)90 23)SIDBI 24)180 25)Letter of credit 26)6 27)Documents against Payment 28)ECGC 29)Standard 30)insolvency of the buyer