Sunday, October 18, 2020

IB0 04 EXPORT - IMPORT PROCEDURES AND DOCUMENTATION December 2018 Question Paper

 

IB0 04 EXPORT - IMPORT PROCEDURES AND DOCUMENTATION

December 2018 Question Paper

Time : 3 hours

Note : Answer both the parts - A and B.

PART - A

1. Comment on any four of the following Statements :

(a) All parties in a letter of credit deal in documents.

(b) ECGC through their financial guarantees enhance the credit worthiness of the exporters.

(c) Containerisation has become a predominant form of unitised transport.

(d) Customs clearance help in regulating Foreign Trade in accordance with National Objectives.

(e) An important motive behind export incentives is to make Indian product price and quality competive in foreign markets.

(f) Export - Import Bank does not compets with Commercial Bank but supplements the services provided by them to the exporters.

PART - B

Answer any four of the following questions :

2. Discuss the salient highlights of EXIM Policy of Govt. of India.

3. Write a detailed note on the Institutional set up for export promotion giving its rationale and detailed working of any five of the institutions.

4. (a) Why there is a need to have a system of regulating exports through export licensing ? Give reasons for it.

(b) Discuss any six International Contract terms.

5. Discuss the procedure and related documentation needed for custom clearance of import cargo.

6. Describe various types of Post Shipment Finances available to Indian Exporters.

7. Write short notes on any two of the following :

(a) Linear and Tramp Shipping Services

(b) Actual Total Loss and Constructive Total Loss

(c) Force Majeure Clause and its Implication in an Export Sales Contract

(d) FEMA regulations for realising export proceeds

 

0 comments: