EXPORT MARKETING-TYBCOM

Sample questions for Class test-Module 1

1. Which of the following best signifies export business?

A. Goods sold outside the country

B. Goods purchased by the country

C. Forex paid by the country

D. Trade in domestic currency only

2. Export Marketing involves:

A. Framing Countries Policies

B. Customs Formalities

C. Managing Social Order within the country

D. Focus on Regionalism

3. Export marketing does not involve:

A. Pricing

B. Promotion

C. Market Research

D. Reporting

4. Trade Barriers are:

A. Types of trading blocs

B. Approvals in trade

C. Restriction in trade

D. Agreements of WTO
5. Pick a Trading bloc from the following:

A. NAFTA

B. OPEC

C. IMF

D. IBRD

6. Exporter faces:

A. Four-faced competition

B. Three-faced competition

C. Two-faced competition

D. One--faced competition

7. Importance of export marketing for a nation:

A. Profit maximisation

B. Expansion of Business

C. Foreign exchange

D. Liberal incentives

8. Reasons for export marketing:

A. Complex procedures

B. Reputation for country and Exporter

C. One monetary policy involved

D. Local taxes involved

9. India is facing stiff competition from____ in world markets.

A. China

B. Vietnam

C. Nigeria

D. Cuba

10. Major Indias’ exports are directed towards:

A. OPEC Countries

B. OECD Countries

C. Eastern Europe

D. Developing Countries

11. Full form of OPEC

A. Organisation for Petrol and Economic Co-operation

B. Oil Procuring Export Countries

C. Oil Producing Exporting Countries

D. Organisation of the Petroleum exporting Countries

12. Full form of OECD

A. Objective for Economic Co-operation and Development

B. Official Export Co-operative Deals

C. Organisation for Economic Concern and Development

D. Organisation for Economic Co-operation and Development

13. Which among the following merchandise exports, India exports the most?

A. Manufacturing Items
B. Agricultural Items

C. Textiles

D. Rough Diamonds

14. ___ exports ranks among the top services exports of India.

A. Telecom and IT

B. Business Services

C. Travel

D. Financial Services

15. Financial exports of India include:

A. Consulting Services

B. R&D Services

C. Insurance Services

D. Outsourcing services

16. As per 2019, India has been largest exporter of:

A. Gold

B. Mica

C. Limestone

D. Iron-ore

17. FOB price=

A. FOB Cost + Profit –DBK

B. All the expenses until goods loaded on ship + Freight + profit - Incentive
C. All the costs until goods loaded on board the ship + Freight + Insurance - Incentive

D. FOB Expenses + Customs @port of destination – DBK

18. C&F price=

A. All expenses until goods loaded on board the ship + Freight + Profits -DBK

B. C&F price + Marine Insurance

C. CIF Price - Profits

D. C&F costs + Customs@ port of destination + Profits

19. CIF Price=

A. FOB Price + Incentives

B. CIF Costs + Profits - DBK

C. C&F Price – Marine Insurance

D. FOB costs + Customs@ port of destination + Profits

20. Export quotation is –

A. is an offer made by importer to exporter in reply to exporter’s query

B. Commercial invoice

C. is an offer made by exporter to importer in reply to importer’s query

D. Importer’s Bill