Fex Related Basic Questions

Fex Related Basic Questions

Qestion:1.What is Foreign Exchange and Foreign Trade?

Question:2. What is AD? What Types of AD license? State their main function of AD license?

Question:3. What documents required to open BB L/C?

Question:4. What are the Bad terms of Export L.C?

Question:5. What is Bonded ware house?

Question:6. What is Pre-shipment Investment?

Question:7. What do you mean by OD Sight, TT Doc, TT Clean and BC Selling exchange.                                        

Question:8. State all Incoterms with full meaning.

Question: 9. How many days are allowed for examination of documents as per UCP 600.  

Question: 10. Name the different types of Transport document.    

Question: 11. What is complying presentation?

Question: 12. Who can sign a Bill of Lading?        

Question: 13. To amend documentary credit which Parties consent is needed?                                                                                            

Question: 14. How to prepare voucher for a) Lodgement  b) Retirement?        

Question: 15. What are the different types of risks in international trade?

Question: 16. What are the basis to the scrutiny of import documents?

Question: 17. What are the cause of Garments Industry Sickness?

Question: 18. Who are the parties in letter of Credit?

Question: 19. What types of letter of Credit?

Question: 20. What are the characteristics of Multimodal transport documents?

Question: 21. What are the characteristics of Charter party Bill of lading?

Question: 22. What are the procedure of transfer of Export LC?

Question: 23. What do you mean by Back to back LC?

Question: 24. State the reasons for an amendment of LC?

Question: 25. Generally the import bills consist of which documents?