Stores and Materials Management
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The online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam again
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IT.Which organization is the forum in which fares and rates are negotiated among member airlines?
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IT. The ease of movement between places is …….
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IT. Which of the following is international trade:
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IT. The Secretariat of the WTO is headed by the
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IT. The mostly used mode of transporting liquid cargoes globally is…….
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IT. FCL stands for
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IT. SMEs stands for:
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IT. Export control refers to restrictions on………..
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IT. A document that contains a precise description of the goods is known as a……….
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IT. FMCG means
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IT. Open account method of payment is beneficial to
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IT. Mobility is fundamental to ………between a point of origin and another destination.
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IT. Incoterm is specific about the responsibility for marine insurance in case of
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IT. ………. freight is paid at the destination when a substantial part of cargo arrives
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IT. International chamber of commerce was established on………...
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IT. Which of the following is not a physical element of a transport system?
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IT. Final selection of supplier is based on:
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IT. ……… advices ship owner on various port details
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IT. The concept of Complementarity, Intervening opportunity and Transferability was propounded by.…….
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IT. The following payment method could be risky for the seller:
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IT. A multinational corporation (MNC) is defined by………...
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IT. International trade and domestic trade differ because of:
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IT. ……… system refers to the practice of loading barges (lighters) aboard a larger vessel for transport
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IT. Which of the following agencies is not under the Federal Ministry of Transport?
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IT. Which of the following modes of transportation has been widely used for inter-continental trips?
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IT. One of the following is not a Maritime Transport Agency in Nigeria?
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IT. ………. are vessels designed to carry cars
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IT. Exports and Imports come under the purview of………..
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IT. Which of the following is an important document in international trade?
30 / 50
IT. Seaport location would encourage all except?
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IT. ……… is a one who agrees to ship all portion of his cargo through members of liner conference
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IT. Which of the following organizations extends preferential status to developing countries by releasing them from making concessions not consistent with their individual development, financial and trade requirements?
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IT. ………. is a trade association of airlines
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IT. Many representative contracts provide that any dispute between the parties shall be submitted to arbitration for final settlement in accordance with the rules of the
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IT. ICAO stands for
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IT. Which of the following seaports is known to have the largest throughput in Nigeria?
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IT. The term relates to patent, trademarks, copyrights and trade secrets
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IT. A formal agreement among two or more countries, in which customs duties and nontariff trade barriers among members are eliminated, but individual tariff schedules are maintained for nonmembers is referred to as a
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IT. Incoterms cover:
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IT. Risks in foreign trade include:
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IT. Trade between the nation without any restriction is known as………..
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IT. The beneficiary under a letter of credit is
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IT. Advising of letter of credit will be done by the bank
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IT. The Incoterm providing least responsibility to seller is
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IT. Euro is not a legal tender in which of the following country………...
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IT. Trade between two countries can be useful if cost ratios of goods are ………
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IT. The leading continent in international trade in IT products is………..
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IT. The price quoted by the seller for the product
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IT. Which of the following term cannot be used for transportation of goods by Road or Air?
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IT. According to the theory of comparative advantage, which of the following is not a reason why countries trade?
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