CDCS SINAVI ÖRNEK HAZIRLIK SORULARI 1
1. Which of the following action(s) is the only responsibility of the advising bank if it
elects not to advi a confirmed credit to the beneficiary?
A. To check whether the credit is the operative instrument.
B. To check and verify the apparent authenticity of the credit.
C. To inform the issuing bank without delay.
D. To inform the beneficiary that it is not able to confirm the credit.
2. A credit which stipulates the condition “Payments under this credit are to be
made upon applicant’s instructions once the goods have been cleared through customs” or similar is to be considered as a,
A) Inoperative credit
B) Deferred payment credit
C) Unworkable credit
D) Badly issued credit
3. Under which Incoterm the ller is responsible for obtaining export and import
licence as well as the paying the import duty?
1. DAF
2. DES
3. DEQ
4. DDP
A. 1 and 2 only
B. 3 and 4 only
C. 3 only
D. 4 only
4. Which of the following Incoterms is suitable when the ller delivers the goods
to the carrier in ca of shipment by air?
A) FOB Airport
B) FCA
C) DAF
D) E XW-Loaded
5. According to Incoterms 2000 which party is obliged to arrange contract of
insurance under DES?
A. Seller
B. Buyer
C. Shipper
D. No obligation to any party , it is subject to agreement.
6. A confirming bank gives its advice of refusal to the beneficiary and remits
discrepant documents to the issuing bank on approval basis.
By doing so, its liability arising from its confirmation
A. Terminates definitely
B. Will continue if the issuing bank advis its acceptance of documents.
C. Will continue if the applicant gives its waiver.
D. Will continue if the issuing bank advis the confirming bank that it will pay.
7. X Bank receives a credit that is available with any bank by negotiation.
Z Bank is named as the advising bank. X Bank advis the credit to beneficiary stating that the credit is available at its own counters.
The beneficiary is to prent documents to,
A. X Bank
B. Z Bank
C. His own banker
D. Issuing bank
E. Either one of above
8. By obtaining confirmation the beneficiary is protected against,
A. Country risk and issuing bank risk.
B. Goods and foreign exchange risks
C. Force majeure and foreign exchange risks
D. Government sanctions.
9. What is the risk assumed by the beneficiary under an unconfirmed credit?
A. Issuing bank’s risk
B. Applicant’s risk in ca of discrepant documents
C. Nominated bank’s risk for its handling of documents
orgasmD. Loss of value from delay in payment
E. All of above
10. What among the following is assumed by the confirming bank as a risk?
A. Beneficiary being a new customer
B. Insolvency of the reimbursing bank
C. Documentary risk
D. Inability to collect confirmation commission if credit not utilized
11. Which of the following may not be reduced or curtailed while transferring a
transferable credit?
A) Unit price of the goods.
B) Expiry date of the credit.
C) Percentage for which insurance cover must be effected.
juice的音标
D) Period for prentation.
12. Under an unconfirmed credit, which of the following is incorrect?
A. The nominated bank can confirm the credit.
B. The nominated bank is not responsible for payment to beneficiary if its reimburment
claim is not honoured.
C. In ca of a non-complying prentation the nominated bank is responsible for giving
disney英语
its advice of refusal to the beneficiary within five banking days after receipt of
prentation.
D. The nominated bank can advi the credit to the beneficiary through another bank not
named in the credit.
13. The confirming bank forwards the documents to the issuing bank, claims
reimburment and pays to the beneficiary on the same day.
The issuing bank releas documents to the applicant.
niority
The applicant refus to accept documents for undisputable discrepancies.
In this ca, which of the following is correct?
A. The confirming bank is entitled to recover funds from the beneficiary.
B. The issuing bank is entitled to debit applicant’s account.
C.The confirming bank is entitled to be reimburd by the issuing bank.
D. The issuing bank is entitled to refu to reimbur the confirming bank.
14. Under a credit where no clear instructions are given in the reimburment
authorization, which party is responsible for the reimburment fee?
A. Claiming bank
B. Issuing bank
C. Applicant
D. Beneficiary
15. Under a deferred payment credit, a reimbursing bank may disregard a
reimburment claim if,
A. it is not prented on the same day of the due date.
B. it is prented more than ten banking days prior to the due date.
C. It is prented more than three banking days prior to the due date.
D. It is prented more than five banking days prior to the due date.
16. Which of the following issues are clarified in the ISBP, but not dealt with
in the UCP?
1. Bank may not check detailed mathematical calculations.
2. Master’s name may not appear if B/L is signed by a named agent.
3. Port of loading may be shown as the place of receipt.
4. An issuing bank may be a transferring bank
5. Port of discharge maybe shown as ‘Place of Delivery’.
6. Goods covered by more than one B/L.
退出的英文
A. 1, 2, 4
B. 1, 5, 6
C. 3, 4, 6
D. 4, 6
17. Under URR 725 which of the following statements regarding a Reimburment
Undertaking are incorrect?
1- Due to the fact that a reimburment undertaking is addresd to a named claiming bank, it is not workable in freely available credits.
2- Reimburment undertaking must provide a latest date for prentation of claims.
3- The reimburment undertakings are issued upon request of the claiming bank made to the reimbursing bank due to the reason that the claiming bank
悲惨世界主题曲
has no confirmation line of credit for the issuing bank.
4- The amounts of reimburment authorization and reimburment undertaking may be different.
5- The expiry date of the reimburment undertaking must be the same as of the expiry of the credit.
A) 2 and 4
B) 1 and 3
C) 3 and 5
D) 2 and 4
E) 4 only
18. The issuing bank must issue its reimburment authorization,
A. on the day of issuance of its credit
B. upon receipt of the negotiation advice of the nominated bank
C. if requested by the applicant.
D. upon request of the nominated bank.
E. in the form of an authenticated teletransmission or a signed letter.
19. A credit allows reimburment with 2 banking days value after negotiation.
You have nt your reimburment claim on a Friday stating the和陌生人初吻
value date for Tuesday.
The reimbursing bank credits your account on Wednesday.
Which of the following statements is correct?
A. There is one day loss of value.
B. Reimbursing bank’s action is correct under URR.
C. You must ask backvaluation for Tuesday.
D. Issuing bank is responsible for one day loss of value.
amphisbaena
20. Without any specific credit term regarding originality, which of the following
documents are not considered an ‘original’ ?
同位语从句pptA. An invoice as a carbon copy, manually signed.
B. An invoice produced by printer and marked original, without signature.
C. A packing list produced by printer on the issuer’s headed paper without signature.
美国城市排名
D. An invoice as photocopy completed by beneficiary’s company stamp, without
signature, invoice number and date.
E. A charter party B/L as photocopy bearing original signature of the master.
21. A cumulative revolving credit for USD 10.000.- has been issued on 3 March XX
expiring on 30 July XX allowing the credit amount to be drawn on a monthly basis.
Until mid-June only one monthly shipment has been effected on 25 March.
What is the available amount as of 15 June ?
A. USD 0
B. USD 10.000.-
C. USD 30.000.-
D. USD 40.000.-
