9

Internal Trade

11th Class - CBSE - Business Studies - 237 Questions - 0 Concepts

Important Questions

Q1 Single Correct Medium
MODVAT was introduced in the Union Budget of:
  • A. 1986-87
  • B. 1996-97
  • C. 2006-07
  • D. None of the above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q2 Subjective Medium
State any six advantages of centralised handling of mail in an organisation.

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Q3 Subjective Medium
What are the different types of price quotations?

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Q4 Single Correct Medium
These are demanded when buyer return goods already paid for on grounds of , say, unacceptable quality _____________.
  • A. Debit Notes
  • B. Credit Notes
  • C. Sales Letters
  • D. Statement of Accounts

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q5 Single Correct Medium
Which international agency has Trade Review Mechanism and looks after Multilateral Trade Agreements?
  • A. IBRD
  • B. IMF
  • C. WTO
  • D. All of the above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q6 Single Correct Medium
Among the following types of taxes, find the one which is Indirect.
  • A. Gift Tax
  • B. Corporate Income Tax
  • C. GST
  • D. Wealth Tax

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q7 Single Correct Medium
If the payee reports that he/she has received cheques, then the seller should promptly request bank to stop payment.
  • A. True
  • B. False
  • C. Partly true
  • D. None of above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q8 Single Correct Medium
_______ is chargeable from companies engaged in production of goods at applicable tariffs.
  • A. Custom duty
  • B. Excise duty
  • C. Value Added Tax
  • D. Goods & Service Tax

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q9 Single Correct Medium
Identify the interests and aims of Chambers of Commerce and Industry.
  • A. Transportation or inter-state movement of goods.
  • B. Octroi or other local levies.
  • C. Harmonisation of VAT structure.
  • D. All of the above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Q10 Single Correct Medium
It is a document giving full details of goods being shipped, prepared by the exporter and sent to the importer.
  • A. Statement of accounts
  • B. Invoice
  • C. Receipt
  • D. None of above

Asked in: Business Studies - Internal Trade


1 Verified Answer | Published on 18th 08, 2020

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Questions 244558
Subjects 8
Chapters 125
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