1. Passage Reading
2. Verbal Logic
3. Non Verbal Logic
4. Numerical Logic
5. Data Interpretation
6. Reasoning
7. Analytical Ability
8. Basic Numeracy
Quiz No. 6 (Terminology of Commerce)
Bill of Sight: Bill of sight refers to a declaration made to customs officer by an importer who is unsure about what is being shipped. The bill of sight allows an importer to inspect the goods before paying duties. Generally, bill of sight is found in maritime law.
When a merchant is ignorant of the real quantities or qualities of any goods consigned to him/her, s/he can make a perfect entry, to receive an entry by bill of sight, for the packages, by the best description which can be given. Henceforth, it is a form of entry at the customhouse, by which goods, respecting which the importer is not possessed of full information, may be provisionally landed for examination.
Bonded Goods: Dutiable landed imports stored under the supervision of customs authorities in bonded warehouses. Bonded-goods are released for re-export, or to the importer upon assessment and payment of import duties, taxes, and other charges.
Brokerage: A brokerage firm, or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller.
Brokerage firms serve a clientele of investors who trade public stocks and other securities, usually through the firm's agent stockbrokers. A traditional, or "full service", brokerage firm usually undertakes more than simply carrying out a stock or bond trade. The staff of this type of brokerage firm is entrusted with the responsibility of researching the markets to provide appropriate recommendations, and in doing so they direct the actions of pension fund managers and portfolio managers alike. These firms also offer margin loans for certain approved clients to purchase investments on credit, subject to agreed terms and conditions.
Traditional brokerage firms have also become a source of up-to-date live stock prices and quotes. When a brokerage firm, in addition to buying and selling for clients, transacts for its own account, it is known as a broker-dealer.
Country Wise Quizzes:
Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antigua & Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia & Herzegovina
Botswana
Brazil
Brunei Darussalam
Bulgaria
Burkina Faso
Myanmar
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Subject Wise Quizzes:
Anthropology
Sociology
Psychology
Economics
Political Science
Geography
Environmental Science
Physics
Chemistry
Botany
Zoology
Agriculture
Commerce
Geology
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