Pakistan Custom Department MCQs for Appraising / Valuation Officer in BoR
1. Who is the guardian of Pakistan borders against movement of contra band goods and is facilitator of bona fide trade.
(a) Pakistan Anti narcotic Force
(b) Pakistan Customs
(c) Pakistan rangers
(d) Pakistan Army
2. The Customs Act, 1969 [Act No. IV of 1969] was enforced on
(a) 3rd July, 1969
(b) 3rd March, 1969
(c) 3rd April, 1969
(d) 3rd August, 1969
3. The Customs Act, 1969 extends to the whole of
(a) Punjab
(b) KPK & Sindh
(c) Pakistan
(d) Balochistan & Sindh
4. The government service responsible for the assessment and collection of import and export duties and taxes and the administration of other laws and regulations that apply to the importation, transit and exportation of goods is called
(a) Sales
(b) Excise
(c) Customs
(d) None of these
5. “Terms of trade” between two countries refer to a ratio of:
(a) Export prices to import prices
(b) Currency values
(c) Exports to imports
(d) Balance of trade to balance of payments
6. Which is NOT an advantage of international trade:
(a) Export of surplus production
(b) Import of defence material
(c) Dependence on foreign countries
(d) Availability of cheap raw materials
7. If Japan and Pakistan start free trade, difference in wages in two countries will:
(a) Increase
(b) Decrease
(c) No effect
(d) Double
8. Trade between two countries can be useful if cost ratios of goods are:
(a) Equal
(b) Different
(c) Undetermined
(d) Decreasing
9. Downloading goods or services from foreign countries for the purpose of manufacturing goods and services can be termed as ______
(a) Importing
(b) Exporting
(c) Franchising
(d) Licensing
10. A tariff is ____________.
(a) A tax on imports only
(b) A tax on exports only
(c) A tax on either imports or exports
(d) A luxury tax.
11. Which Pakistani city is known as its trade and financial capital?
(a) Karachi
(b) Islamabad
(c) Lahore
(d) Multan
12. When goods are sent to an agent of an exporter in the importing country, the method of payment adopted is
(a) open account.
(b) letter of credit.
(c) consignment sale
(d) document against acceptance.
13. Who provides a major source of revenue to the Government of Pakistan in the form of taxes levied on the goods traded across the borders?
(a) Customs department
(b) Rangers House
(c) Income tax Department
(d) Customs warehouse
14. Which department helps to protect the domestic industry, discourage consumptions of luxury goods and stimulate development in the under -developed areas?
(a) Customs department
(b) Rangers House
(c) Income tax Department
(d) Customs warehouse
15. Which Custom House is the oldest of Pakistan?
(a) Custom House Karachi
(b) Custom House Lahore
(c) Custom House Quetta
(d) Custom House Peshawar
16. At that time of independence there was only one Collector of Customs?
(a) Custom House Karachi
(b) Custom House Lahore
(c) Custom House Quetta
(d) Custom House Peshawar
17. In which year the Collectorate of Customs Appraisement fragmented out and there were two Customs Collectors i.e. Preventive and Appraisement.
(a) 1971
(b) 1972
(c) 1973
(d) 1974
18. In which year Collectorate of Customs Multan was established?
(a) 1991
(b) 1992
(c) 1993
(d) 1990
19. In which year Model Custom Collectorate was established
(a) 2001
(b) 2002
(c) 2004
(d) 2006
20. When Collectorate of Customs Lahore was established?
(a) 15th August 1947
(b) 15th August 1948
(c) 15th August 1949
(d) 15th August 1950
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