Post Graduate Diploma in International Business Operations
Term-End Examination

Note : Attempt any five questions including question No. 1 which is compulsory.

1. Comment on any four of the following. (5x4)

(i) Credit risk is greater in export transactions.

(ii) ECGCs guarantee to protect the banks from losses on account of their endings to exporters.

(iii) The Negative List consists of those goods export and import of which is prohibited, restricted or canalised.

(iv) Advance license is issued for duty free import of inputs.

(v) Under deemed exports, the goods supplied do not leave the country.

2. The main objective of EXIM Policy 1997 - 2002 is to promote exports to the maximum extent. Discuss. Also explain its general provisions regarding exports. (20)

3. Explain various legal regulatory documents required for exports from India along with their procedural formalities. (20)

4. What is pre-shipment finance ? Explain the procedure relating to unions pre-shipment finance available to Indian exporters. (20)

5. Describe the provisions relating in regulation and management of foreign exchange under FEMA, 1999. (20)

6. (i) Explain various kinds of perils under cargo insurance, with suitable examples.

(ii) Describe the features of the open cover policy. (20)

7. Explain the procedure for customs clearance of import cargo.(20)

8. Write notes on any two of the following (10x2)

(i) International contract terms

(ii) Port formalities

(iii) Fiscal incentives for export promotion