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Quiz 1

Admin May 23, 2024

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Question 1 of 5

1. Question
What is the first step to understand before delving into import-export processes?
- Identifying top markets
- Knowing your products, industry, and business
- Managing paperwork
- Understanding supply chains
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Question 2 of 5

2. Question
What is the focus of the introductory topic on ‘Why Export?’
- Detailed logistics management
- Understanding the import-export processes from scratch
- Advanced marketing strategies
- Digital marketing for global trade
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Question 3 of 5

3. Question
Which entity provides the IEC license necessary for international trade?
- RBI (Reserve Bank of India)
- DGFT (Directorate General of Foreign Trade)
- SEBI (Securities and Exchange Board of India)
- TRAI (Telecom Regulatory Authority of India)
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Question 4 of 5

4. Question
Which document is crucial for engaging in international trade?
- PAN Card
- Import Export Code (IEC)
- Passport
- Voter ID
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Question 5 of 5

5. Question
What is one of the main benefits of MSME/UDYAM registration for small businesses?
- Lower shipping costs
- Free advertising
- Discounted office supplies
- Access to government incentives and support
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