IGNOU. IBO 4. Important Questions for December Exam

 IMPORTANT QUESTIONS


IBO 4


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 custom clearance of export cargo. Discuss briefly the procedure and related documentation involved.  



3. Discuss the role of clearing and forwarding agents in export import trade. Enumerate the various benefits which accure to the trading community?



4. What do you understand by EDI? What are the strategies advantages an export house may get through EDI?



5. Discuss the salient highlights of exim policy of government of India. 



6. Write a detailed note on the institutional set up for export promotion giving it's rationale and detailed working of any 5 of the institutions. 



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



8. Describe various types of post shipment finance available to Indian exporters.  




9. Export import Bank does not competes with commercial bank but supplement the services provided by them to the exporters. Explain. 




10. Cargo insurance also known as marine insurance occupies an important position in international business. Explain. 



11. Explain various types of commercial documents used in exports.  



12. Explain in detail, the concept of loss in an insurance contract. Also explain the procedure of filing claims along with documentation in case of cargo insurance.  



13. Define a letter of credit and discuss it's practical mechanism as a method of payment in export/import business.  




14.What are the broad objective of India's foreign trade policy. Discuss the general provisions regarding exports under export import trade regulatory framework. 


15. Write short notes on the following:

Bill of lading
Deemed export
Self certified scheme of export inspection
Role of EXIM bank of India
Shipping bill
Linear and tramp shipping services
Actual total loss and constructive total loss
FEMA regulations for realising export proceeds
Force majeure clause and its implications in export sales contract
ECGC guarantee
Incoterms

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