COURSE CODE: IBO-04
COURSE TITLE: Export-Import Procedure and Documentation
ASSIGNMENT CODE: IBO-04/TMA/2021-2022
COVERAGE: ALL BLOCKS
Maximum Marks: 100
Attempt all the questions:
1. What are the steps involved in the processing of an Export order? Explain them briefly.
(20)
2. Distinguish between:
(a) Insurance policy and Insurance Certificate.
(b) Liner and Tramp Shipping Services.
(10+10)
3. (a) Describe the process of preparing goods for exports and their transit to the port of shipment along with documentation formalities.
(b) Explain the customs clearance via sea along with documentation formalities.
(10+10)
4. Comment on the following statements:
(a) Export houses do not get any strategic advantages through EDI.
(b) Documents against acceptance do not have a usage period.
(c) Credit is a major weapon of international competition but it involves risk.
(d) Export incentives do not promote export.
(4X5)
5. Write notes on the following:
(a) General Provisions for imports.
(b) Foreign Currency Account.
(c) Financing under Deferred Payment Arrangement.
(d) ISO 9000.
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