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HSC Commerce (English Medium) ११ वीं कक्षा - Maharashtra State Board Question Bank Solutions

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State True or False.

Letter of Credit is required for obtaining export license.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

State True or False.
Maintaining high quality is necessary to sustain in export business.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

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Correct the underlined word and rewrite the following sentence:

Export trade refers to the purchase of good and services from foreign country

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh is buying raw material from South Africa and after processing it sells finished goods to Malaysia.

Who is exporter?

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Distinguish between the following:

Import trade and export trade.

[2] Trade
Chapter: [2] Trade
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Answer in brief.
Explain post-shipment stage of export procedure.

[2] Trade
Chapter: [2] Trade
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State whether the following statement is True or False.
There is no benefit of globalization on Indian economy.

[7] Business Environment
Chapter: [7] Business Environment
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Compete the sentence.
Integration of economy and society through cross country is called as ___________.

[7] Business Environment
Chapter: [7] Business Environment
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Answer in one sentence:
Who possess the factors of production in socialist economy?

[7] Business Environment
Chapter: [7] Business Environment
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Answer in one sentence:
In which environment are the methods and techniques of production included?

[7] Business Environment
Chapter: [7] Business Environment
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Answer in one sentence:
What is useful to reduced political interference in industry?

[7] Business Environment
Chapter: [7] Business Environment
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Answer in brief.

Describe any two factors of economic environment.

[7] Business Environment
Chapter: [7] Business Environment
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Select the correct option and rewrite the sentence.
Major items __________ are ch emicals, crude oil and petroleum products, edible oils, electronic goods, gold and silver, pearl and precious stone.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Select the correct option and rewrite the sentence.
Major items __________ are ch emicals, crude oil and petroleum products, edible oils, electronic goods, gold and silver, pearl and precious stone.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

For customs clearance the ______ is prepared by the exporter.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

State True or False.
Buying goods from other country is known as export trade.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Study the following case/situation and express your opinion.
Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh 1s buying raw material from South Africa and after processing it sells finished goods to Malaysia.
Who is importer?

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Answer in brief.
Explain preliminary stage of import procedure.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Define import trade. Explain its procedure in detail.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

What is export trade? Explain its procedure in detail.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined
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