Sunday, October 18, 2020

IB0 04 EXPORT-IMPORT PROCEDURES AND DOCUMENTATION June 2019 Question Paper

 

IB0 04 EXPORT-IMPORT PROCEDURES AND DOCUMENTATION

June 2019 Question Paper

Time : 3 hours

Note : Answer any five questions. All questions carry equal marks.

1. Discuss the salient features of current Export - Import Policy. Are any changes necessary in view of the prevailing international situation and the need to accelerate on growth rate ?

2. Discuss the broad objects and legal framework of customs clearance of export cargo. Discuss briefly the procedure and related documentation involved.

3. What are the different terms of payments used in export import trade ? What would you consider safest from the view point of exporters ?

4. What are the various types of cargo insurance contracts ? Describe their respective characteristics and benefits to policy holders. Give suitable illustrations.

5. Discuss the role of Clearing and Forwarding Agents in export-import trade. Enumerate the various benefits which accrue to the trading community ?

6. What do you understand by EDI (Electronic Data Interchange) ? What are the strategic advantages an Export house may get through EDI ?

7. Explain the procedure for :

(a) Fixation of brand rate for duty drawback.

(b) Obtaining Advance authorisation under Duty Exemption Scheme.

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

(a) ECGC Guarantees

(b) Incoterms

(c) Liner and Tramp Shipping Services

(d) Self Certification Scheme for Export Inspection

0 comments: