MCQ Questions Class 12 International Business 2-4

MCQ Questions Class 11 International Business 2 With Answers

CBSE Class 11 International Business 2 Multiple Choice Questions with Answers. MCQ Questions Class 11 International Business 2 with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 International Business 2 with Answers to know their preparation level.

Students who are searching for NCERT MCQ Questions Class 11 International Business 2 with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 International Business 2 with Answers. You can also verify your answers from the provided MCQ Class 11 International Business 1 with Answers. So, ace up your preparation with MCQ of Class 11 Business Studies Examinations.2

MCQ Questions Class 11 International Business 2 with Answers - Set - 4

Question 1: 

Which is not a member of World Bank group:
(a) International Bank of Development and Reconstruction
(b) Multiple Investment Guarantee Agency
(c) International Development Union
(d) International Monetary Fund.

Correct Answer – (D)

Question 2: 

Which is not a part of export related documents:
(a) Commercial invoice
(b) Certificate of origin
(c) Entry bill
(d) Mate’s receipt

Correct Answer – (C)

Question 3: 

Which document is not necessary for getting license:
(a) IPC number
(b) Credit letter
(c) Registration cum membership certificate
(d) Bank account number.

Correct Answer – (B)

Question 4: 

Name of the document that contain detail as to the quality, grade, design, size etc.
(a) Proforma invoice
(b) Purchase invoice
(c) Sale invoice
(d) Voucher 

Correct Answer – (A)

Question 5: 

Which type of document contains a gurantee from the importer bank to the exporter bank?
(a) Letter of credit
(b) Airway bill
(c) Import order
(d) proforma invoice 

Correct Answer – (A)

MCQ Questions Class 11 International Business 2 With Answers

Question 6: 

Which document is made by the exporter which contains details of the goods to be sent by ship like name of the sender, number of packages, shipping bill, des-tination port, name of ship, etc.
(a) Shipping bill
(b) Packaging list
(c) Mate’s receipt
(d) Bills of exchange.

Correct Answer – (C)

Question 7: 

Which is not related to money refund policy :
(a) Refund of production expenses
(b) Refund of excise duty
(c) Refund of export duty
(d) Duty at loading port

Correct Answer – (D)

Question 8: 

Identify the alternative which is not the objective of World Trade Organization.
(a) to ensure reduction of tariffs and other trade barriers imposed by different countries.
(b) To facilitate the optimal use of the world’s resources for sustainable development.
(c) To promote an integrated and more viable and durable trading system.
(d) To promote an orderly international monetary system 

Correct Answer – (D)

Question 9: 

Having identified the countries and firms that export the product, the importing firm approaches the export firms with the help of?
(a) Trade enquiry.
(b) Proforma invoice.
(c) Mate’s receipt.
(d) Sight draft.

Correct Answer – (A)

Question 10: 

Which of the bill is supplied by the customs office to the importer?
(a) Airway bill
(b) Bill of entry
(c) Bills of exchange
(d) Bill receivables 

Correct Answer – (B)
MCQ Questions Class 11 International Business 2 With Answers
MCQ Questions Class 11 International Business 1 With Answers
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