1  An indemnity issued to the carrier by a bank; protects the carrier against any possible losses or damages arising from release of the merchandise to the receiving party. This instrument is usually issued when the bill of lading is lost or is not available is called
 Bank Guarantee
 Steamship Guarantee
 2  A printed receipt at the out gate of a container terminal reflects the physical condition of the shipping container is called
 Equipement Interchange Receipt
 Dock Receipt
 Container delivery receipt
 3  The costs associated with disposing or recycling products that have been returned due to customer rejects, end of life or obsolescence is called
 Return Processing Cost
 Return inventory cost
 Return Disposal cost
 4  Temporary cessation of trading of a ship by a shipowner during a period when there is a surplus of ships in relation to the level of available cargoes. This surplus, known as over-tonnaging, has the effect of depressing freight rates to the extent that some ship-owners no longer find it economical to trade their ship, preferring to
 5  The oceans, seas, lakes and other water bodies which cover the upper part of earth in most of its areas are collectively known as
 6  Ship’s articles can be removed into town for the purpose of repair without payment of duty subject to fulfillment of certain conditions is called
 White Pass Procedure
 Pink Pass Procedure
 7  Can a ship be arrested if she is already beached for demolition if Bill of Entry is filed for demolition the ship
 8  A court having jurisdiction over maritime questions pertaining to ocean transport, including contracts, charters, collisions, and cargo damages is
 supreme Court
 Federal Court
 Admirality Court
 9  An estimated expenses going to incur when the vessel is calling the intended port, prepared by the steamer agent is called
 Voyag estimate
 Proforma Disbursement Account
 10  Forwarder which uses own aircraft, whether owned or leased , rather than scheduled airlines is called
 Inland Carrier
 Common Carrier
 Integrated carrier
 11  The time it takes between the arrival of a vessel and its departure from port; frequently used as a measure of port efficiency is called
 Waiting time
 Turnaround time
 Streaming time
 12  The freight paid by a shipper for the return carriage of goods not delivered to or not accepted by their receiver or consignee if not the vessel’s fault is called….
 Dead freight
 Lumpsum freight
 pre-paid freight
 Back freight
 13  Ports generally supply cargo handling equipments including shore crane, heavy lift crane, mobile crane, floating crane, fork lift, payloaderd and port workers such as winch drivers, onboard labourers, shore labourers on payment to the Stevedores to carry out cargo operation work is called
 Service Ports
 Tool Ports
 Landlord ports
 14  The officers of rummaging unit wear black colored dungarees while rummaging the ship are internationally known to crew of vessels
 Boarding officer
 Black Gang
 15  The document containing all particulars relating to the terms of agreement between the Master of the vessel and the crew is called
 work permit
 Shipping articles
 16  Hazardous Material under Class 7 is
 Radioactive Material
 General Hazardous Materials
 Flammable Liquids
 17  A portal that provides e-filing services to the trade and cargo carriers and other clients of Customs Department is called
 18  India is a signatory to any of the International Conventions on ship arrest
 19  Representative of the owner in a certain harbour in the tramp trade is called
 Nominated Agent
 Port Agent
 20  The seller can arrange and pay for most of the freight charges up to the foreign country which is grouped according to Incoterm .
 D group
 E group
 F group
 C group