Export Regulations Quiz

When the shipping bill data and Inward remittance(IRM) is updated in EDPMS --------- is generated

• E-BRC

• IEC

• ITC -HS

• E-DOCS

Remittance for exports made must be received and regularized by the AD bank within

• 9 months

• 6 months

• 12 months

• 15 months

Exporters are required to complete the export within ________of receiving the advance export payment

• 1 year

• 6 months

• 15 months

• 2 year

Every trade customer must be profiled in __________ prior to undertaking any trade transactions

• NTS

• Omni flow

• Trade online

• Trade Emerge

Non regularization of Shipping Bill will lead to ________ of an exporter

• Caution listing

• Black listing

• SAL listing

• NPA Listing

Customers with average annual turnover of 3 crores or above during the preceding 3 licensing years and good track record of at least 2 years in export and import of diamonds can open _______

• DDA

• EEFC account

• OGTA

• EPC account

Bill of Entry should be submitted within_________ days from the payment date

• 90

• 180

• 360

• 30

Shipping Bill is updated in EDPMS against Exporter's ____________

• IEC

• PAN

• Passport

• VISA

ICICI Bank does not deal with any country categorized by US OFAC as ________

• Sanctioned country

• Prohibited country

• FATF country

• Negative list

The portal of RBI which monitors data relating to outward remittances relating to imports is

• IDPMS

• EDPMS

• Trade Online

• Trade Emerge