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Role Of Customs And Excise Authority Ports Authority In Foreign Trade - Commerce Jamb Past Questions and Answers

Commerce Questions And Answers On Role Of Customs And Excise Authority Ports Authority In Foreign Trade
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Commerce Jamb Past Questions


Questions and Answers on Role of Customs and Excise Authority, Ports Authority in foreign trade

Question 6 :



What is NPA?

A. Nigerian Police Authority
B. Nigerian Ports Authority
C. National Ports Authority
D. National Police Authority


Question 7 :



The financial institution established to boost Nigeria's trade with the rest of the world is called

A. Nigerian Deposit Insurance Corporation
B. Nigerian Economic Reconstruction Fund
C. Nigerian Industrial Development Bank
D. Nigerian Export-Import Bank


Question 8 :



The lake Chad Basin commission was founded to enable member states

A. Expand the volume of water in the lake for fishing activities
B. Increase navigational activities on the lake
C. Dam the lake for electricity and agricultural purposes
D. Co-ordinate their efforts in managing the use of the lake's resources


Question 9 :



Goods imported into a country for the purpose of re-exporting attracts a rebate known as

A. Customs draw back
B. Export royalty
C. Incentive
D. Export rebate


Question 10 :



Excise duties are paid on goods that are

A. Imported into the country
B. Manufactured within the company
C. Exported to other clonutries
D. Kept in bond warehouses






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