Export Finance Quiz

Maximum period of Pre_ shipment finance is

• 360 days

• 180 days

• 270 days

• 140 days

Maximum period of Post _shipment finance is

• 365 days

• 180 days

• 270 days

• 240 days

Export credit helps a bank achieve ________ targets

• Priority Sector Lending

• Business

• MSME lending

• CASA

EPC is disbursed as a per centage of ______ value less marging as per CAL

• FOB

• CFR

• CIF

• EXW

In case of Running account facility the exporter should submit LC/Purchase Order within ______ days of drawinf funds

• 30

• 60

• 90

• 180

Payment is to be received within ___________ months in case of goods exported to a warehouse outside India

• 15

• 9

• 10

• 12

The best mode of payment for an exporter is

• Advance Payment

• Open Account

• Bills for Collection

• Letter of Credit

End to end export life cycle like movement of goods, documents and funds are captured in

• EDPMS

• IDPMS

• EDF

• Bill of Entry

The proof of export of goods from India is

• Shipping bill/EDF

• Bill of Entry

• SOFTEX

• Bill of Lading

The advance export remittance received by the exporter should be refunded within a period of _____________________ in case of non shipment of the goods

• 1 Year

• 2 Years

• 15 Months

• 3 Months