Post Graduate Diploma in International Business Operations / Master of Commerce

IBO4 Export-Import Procedures and Documentation

Term-End Examination

Time: 3 hours
Maximum Marks: 100

1. "The trust area of Export-Import policy of India has been to liberalise imports and boost export". Discuss. Describe general provisions regarding import.(5+15)

2. What are the major commercials used in exports trade ? Explain the features of commercial invoice and bill of lading.(4+16)

3. "Documentary credit method of payment reconciles the conflicting interests of buyer and seller". Discuss. Also explain the mechanism of realign payment under documentary credit arrangement. (5+15)

4. What is post-shipment finance ? Describe various post-shipment finance schemes available to Indian exporters.(4+16)

5. Explain with suitable examples various types of losses under Cargo Insurance Policy.(20)

6. Do you think that export assistance is needed for Indian export ? Discuss and describe the export assistance measures related to expansion of production base for exports.(5+15)

7. What do you mean by duty-drawback ? Explain the procedures and related documentation.(4+16)

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

(i) Standardised pre-shipment export documents

(ii) Electronic data interchanges

(iii) Chartering practices.