Answers Latest Updated 2026
Question 1
Why was the New Customs Management Act introduced?
A) To increase customs duties on all imports
B) To meet the obligations contained in the Economic Partnership Agreement
(EPA) signed by The Bahamas in October 2008
C) To eliminate all customs regulations
D) To join the World Trade Organization
Correct Answer: B
Rationale: The New Customs Management Act was introduced specifically to
meet the obligations contained in the Economic Partnership Agreement (EPA)
signed by The Bahamas in October 2008. This was a key legislative change to align
with international trade commitments.
Question 2
The Economic Partnership Agreement (EPA) is a scheme to create:
A) A single currency among member states
B) A free trade area among member states
C) A military alliance
D) A common immigration policy
Correct Answer: B
Rationale: The Economic Partnership Agreement is designed to create a free trade
area among member states, facilitating trade and economic cooperation.
,Question 3
The Bahamas currently has which status with the World Trade Organization
(WTO)?
A) Full membership
B) No relationship
C) Observatory status
D) Associate membership
Correct Answer: C
Rationale: The Bahamas has only observatory status with the World Trade
Organization and does not have full membership. The Bahamas also does not have
membership with the WTO as a full member state.
Question 4
Which international agreement refers to Rules of Origin and Preferential Tariff?
A) The United Nations Convention
B) The Economic Partnership Agreement (EPA)
C) The Paris Agreement
D) The Basel Convention
Correct Answer: B
Rationale: The Economic Partnership Agreement (EPA) refers to Rules of Origin
and Preferential Tariff arrangements among member states.
Question 5
Which of the following is NOT a power of the Comptroller of Customs?
A) Responsible for general management and administration of the Customs
authority
B) Exercise powers and perform duties of the Minister under the Act
,C) Prescribe rules for designating Customs controlled areas
D) Appoint all Customs Officers directly
Correct Answer: D
Rationale: While the Comptroller has extensive powers including general
management, exercising Minister's duties, and prescribing rules for Customs
controlled areas, the appointment of all Customs Officers is not listed as a specific
power of the Comptroller.
Question 6
Which of the following is a power of a Customs Officer under the Customs
Management Act?
A) Arrest without warrant any person in The Bahamas
B) Board any means of transport
C) Impose fines without appeal
D) Close any business establishment
Correct Answer: B
Rationale: Customs Officers have the power to board any means of transport,
search any means of transport, detain any means of transport, question persons
within 72 hours of arrival, audit business records, and patrol and surveil property.
Question 7
What is Form C.1 used for?
A) Report Inwards of Vessels
B) Attendance Request - an application for attendance of Customs Officers at any
place where they do not normally attend
C) Aircraft General Declaration
D) Transire
, Correct Answer: B
Rationale: Form C.1 is the Attendance Request, which is an application for the
attendance of Customs Officers at any place where Customs Officers do not
normally attend.
Question 8
Which form is used to report a vessel arriving at a port?
A) C.1
B) C.2
C) C.7
D) C.38
Correct Answer: B
Rationale: Form C.2 is the Report Inwards of Vessels form, used when a vessel
arrives at a port of entry.
Question 9
The Quarantine Flag flown when ships enter The Bahamas is what color?
A) Red
B) Blue
C) Yellow
D) White
Correct Answer: C
Rationale: The Quarantine Flag flown when ships enter The Bahamas is Yellow.