Business Studies · Export Documentation and Inspection
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): For exports of goods, the exporter has to apply to the nominated export inspection agency for conducting the pre-shipment and quality control inspection for the export consignment and obtain Export Credit Certificate conforming to the prescribed specifications. Reason (R): This inspection certificate would be required for customs clearance of cargo before shipment. In the light of the above statements, choose the most appropriate answer:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both (A) and (R) are correct and (R) is the correct explanation of (A)
- 2Both (A) and (R) are correct but (R) is not the correct explanation of (A)
- 3(A) is correct but (R) is not correct
- 4(A) is not correct but (R) is correct✓
Correct answer
(A) is not correct but (R) is correct
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