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IB
Question Practice

What is the purpose of the Import Export Code (IEC)?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
International Business
Question Bank

What is the purpose of the Imp...

Single Answer MCQ
Q-00065207

What is the purpose of the Import Export Code (IEC)?

1

To register exporters with the government

2

To guarantee payment to exporters

3

To document the shipment of goods

4

To allow exporters to open a bank account

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