An exporter requires a unique code to export items. This unique code is known as Import Export Code. 

An exporter needs to register with Export Credit Guarantee Corporation to get the export license. 

The certificate from the bank is a document signed by a bank official which states, how much money a particular store or firm has in the bank on a particular date. 

False. Quality plays an important role in external trade. Exporters have to follow the international quality standards. The goods are produced according to the quality specifications of the buyer. 

Quality control and inspection act is adopted in over  178  countries with over one million registrations. 

On loading the goods to the railway cart, the railway authority issues a  railway receipt which has all the details of the goods. 

False. During the first and second world war, there was massive destruction of life and property throughout the world. All the countries were not in a position to undergo any reconstruction or development work. 

False. Bill of exchange is a document for payment to be received from the importer. 

True. In-process quality control is done to check the quality while the goods are getting manufactured or assembled. 

True. Make in India which is the flagship program, tends to help India foster innovation.