1. Which one of the following is not a kind of bill of lading?
(a) Clean bill of lading (b) Claused bill of lading (c) Stale bill of lading (d) Clear bill of lading
(e) Transshipment bill of lading.
2. Which of the following features the importer–exporter code number does not have?
(a) It is a ten digit number
(b) It is incorporated into all exim documents
(c) It is a permanent number
(d) Directorate general of foreign trade or its regional offices issue this number
(e) Each product will have a separate import export code number
3. Which one of the following authorities issues the letter of credit?
(a) Advising/notifying bank (b) Paying/Bank
(c) Negotiating bank (d) Confirming bank
(e) Issuing bank
4. Which one of the following is not a party to letter of credit?
(a) Opener applicant (b) Beneficiary
(c) Paying bank (d) Negotiating bank
(e) Inspection authority
