{"id":18121,"date":"2022-04-17T11:36:29","date_gmt":"2022-04-17T06:06:29","guid":{"rendered":"https:\/\/scholarsclasses.com\/blog\/?p=18121"},"modified":"2025-01-04T12:26:34","modified_gmt":"2025-01-04T06:56:34","slug":"export-finance-mcq","status":"publish","type":"post","link":"https:\/\/scholarsclasses.com\/blog\/export-finance-mcq\/","title":{"rendered":"Export Finance MCQ | 25 Free MCQs on Export Marketing"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-align-center\">Export Finance MCQ<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/04\/Export-Finance-MCQ-1024x576.webp\" alt=\"Export Finance MCQ\" class=\"wp-image-18156 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/04\/Export-Finance-MCQ-1024x576.webp 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/04\/Export-Finance-MCQ-300x169.webp 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/04\/Export-Finance-MCQ-768x432.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/04\/Export-Finance-MCQ-1536x864.webp 1536w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/04\/Export-Finance-MCQ.webp 1920w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/576;\" \/><figcaption class=\"wp-element-caption\">Export Finance MCQ<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/scholarsclasses.com\/blog\/business-economics-mcq\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/business-economics-mcq\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><strong><a href=\"https:\/\/scholarsclasses.com\/blog\/tybcom-sem-6-export-marketing-mcq\/\"><strong>MCQs on other topics of Export Marketing<\/strong><\/a><\/strong><\/li>\n\n\n\n<li><a href=\"https:\/\/www.icsi.edu\/media\/webmodules\/modelquestionpaper\/CMA-MCQ%20100.pdf\" data-type=\"URL\" data-id=\"https:\/\/www.icsi.edu\/media\/webmodules\/modelquestionpaper\/CMA-MCQ%20100.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Cost Accounting MCQs pdf<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>1. ________ goods are sold on deferred credit basis.<br><\/strong>(a) Capital <br>(b) Consumer<br>(c) FMCG <br>(d) Deferred<\/p>\n\n\n\n<p><strong>2. The main purpose of packing credit is to meet ______ capital needs of exporters.<br><\/strong>(a) Fixed <br>(b) Working<br>(c) Regular <br>(d) Interim<\/p>\n\n\n\n<p><strong>3. A major part of export finance is provided by ________ banks.<br><\/strong>(a) commercial <br>(b) agricultural<br>(c) industrial <br>(d) co-operative<\/p>\n\n\n\n<p><strong>4. _______ finances Indian joint ventures in foreign countries.<br><\/strong>(a) EXIM <br>(b) NABARD<br>(c) SIDBI <br>(d) ECGC<\/p>\n\n\n\n<p><strong>5. ________ has its head office in Lucknow.<br><\/strong>(a) SIDBI <br>(b) RBI<br>(c) EXIM <br>(d) EPC<\/p>\n\n\n\n<p><strong>6. ________ provides finance to entrepreneurs for setting up tourism related activities.<br><\/strong>(a) SIDBI <br>(b) ECGC<br>(c) EPCG <br>(d) EPC<\/p>\n\n\n\n<p><strong>7. SIDBI provide direct finance to obtain _________ certification.<br><\/strong>(a) ISO 9000 <br>(b) Quality<br>(c) ISI <br>(d) Six-sigma<\/p>\n\n\n\n<p><strong>8. Political risks can be covered under _______ policies.<br><\/strong>(a) ECGC <br>(b) LIC<br>(c) RBI <br>(d) Marine<\/p>\n\n\n\n<p><strong>9. ________ backs the lending programme of banks, by issuing financial guarantees.<br><\/strong>(a) ECGC <br>(b) EPCG<br>(c) LIC <br>(d) CoC<\/p>\n\n\n\n<p><strong>10. There are high risks in ________ payment method.<br><\/strong>(a) Advance payment <br>(b) LC<br>(c) Open account <br>(d) Bills of exchange<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Answers:<\/strong> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">1)Capital<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">2)Working<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">3)commercial<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">4)EXIM<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">5)SIDBI  6)SIDBI<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">7)ISO 9000<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">8)ECGC<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">9)ECGC<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">10)Open account<\/mark><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>11. Packing credit is also known as ________ finance.<br><\/strong>(a) pre-shipment <br>(b) post-shipment<br>(c) capital <br>(d) fixed<\/p>\n\n\n\n<p><strong>12. _______ refers to export trade for which export proceeds are received in form of other products in exchange of forex.<br><\/strong>(a) Countertrade <br>(b) Entrepot<br>(c) Position trade <br>(d) Swing trade<\/p>\n\n\n\n<p><strong>13. EXIM finances _______ term loans.<br><\/strong>(a) Long <br>(b) Short<br>(c) Fixed <br>(d) Micro<\/p>\n\n\n\n<p><strong>14. ECGC is owned and governed by ________ .<br><\/strong>(a) Government of India <br>(b) Cooperatives<br>(c) Traders <br>(d) Corporations<\/p>\n\n\n\n<p><strong>15. SIDBI provides _________ .<br><\/strong>(a) Pre-shipment finance <br>(b) Post-shipment finance<br>(c) Financing bank schemes <br>(d) All of the above<\/p>\n\n\n\n<p><strong>16. Which among the following is not a type of LC ?<br><\/strong>(a) Advance payment <br>(b) Revocable<br>(c) Confirmed <br>(d) Transferable LC<\/p>\n\n\n\n<p><strong>17. _______ LC cannot be modified or cancelled without the consent of the exporter.<br><\/strong>(a) Revocable <br>(b) Irrevocable<br>(c) Stand-by <br>(d) Back-to-back<\/p>\n\n\n\n<p><strong>18. _______ LC is the safest LC in export business.<br><\/strong>(a) Confirmed <br>(b) Revocable<br>(c) Unconfirmed <br>(d) Non-transferable<\/p>\n\n\n\n<p><strong>19. _________ is a negotiable instrument that provides payment to the exporter.<br><\/strong>(a) Bills of exchange <br>(b) Bills of shipping<br>(c) Bills of invoice <br>(d) Bills in trade<\/p>\n\n\n\n<p><strong>20. Period of pre-shipment finance is _______ days.<br><\/strong>(a) 45 <br>(b) 90<br>(c) 180 <br>(d) 360<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Answers:<\/strong> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">11)pre-shipment<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">12)Countertrade<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">13)Long<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">14)Government of India<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">15)All of the above<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">16)Advance payment<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">17)Irrevocable<\/mark> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"> 18)Confirmed<\/mark> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"> 19)Bills of exchange  20)180<\/mark><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>21. ________ finance is also referred to as packing credit.<br><\/strong>(a) Pre-shipment <br>(b) Post-shipment<br>(c) Long-term<\/p>\n\n\n\n<p><strong>22. Post-shipment finance is generally available for a period of&nbsp;_______ days.<br><\/strong>(a) 180 <br>(b) 360<br>(c) 90<\/p>\n\n\n\n<p><strong>23. _______ provides medium term and long term export finance to small units.<br><\/strong>(a) EXIM Bank <br>(b) SIDBI<br>(c) ECGC<\/p>\n\n\n\n<p><strong>24. Packing credit is generally provided for a period of _______ days.<br><\/strong>(a) 90 <br>(b) 180<br>(c) 380<\/p>\n\n\n\n<p><strong>25. _________ is the safest method of payment in international trade.<br><\/strong>(a) Documents against Acceptance<br>(b) Deferred credit<br>(c) Letter of credit<\/p>\n\n\n\n<p><strong>26. Generally, there are ________ parties involved in letter of credit.<br><\/strong>(a) 6 <br>(b) 3<br>(c) 2<\/p>\n\n\n\n<p><strong>27. Under ________ method, the documents are released to the importer against payment of bills.<br><\/strong>(a) Documents against Acceptance<br>(b) Letter of Credit<br>(c) Documents against Payment<\/p>\n\n\n\n<p><strong>28. ________ covers credit risks of the exporters.<br><\/strong>(a) ECGC <br>(b) EXIM Bank<br>(c) Marine Insurance<\/p>\n\n\n\n<p><strong>29. ________ policy of ECGC covers risks in the case of consumer goods.<br><\/strong>(a) Specific <br>(b) Standard<br>(c) Services<\/p>\n\n\n\n<p><strong>30. Commercial risks include ________ .<br><\/strong>(a) risks due to war<br>(b) insolvency of the buyer<br>(c) risks due cancellation of import licence<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Answers:<\/strong> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">21)Pre-shipment<\/mark> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"> 22)90<\/mark>  <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">23)SIDBI  24)180  25)Letter of credit  26)6  27)Documents against Payment  28)ECGC<\/mark> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"> 29)Standard<\/mark> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"> 30)insolvency of the buyer<\/mark><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":18156,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,7,1],"tags":[4834],"class_list":["post-18121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bcom","category-degree-college","category-misc","tag-export-finance-mcq"],"_links":{"self":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/18121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/comments?post=18121"}],"version-history":[{"count":2,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/18121\/revisions"}],"predecessor-version":[{"id":36318,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/18121\/revisions\/36318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media\/18156"}],"wp:attachment":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media?parent=18121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/categories?post=18121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/tags?post=18121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}