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
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