No.

of Printed Pages : 4 IBO-004

POST GRADUATE DIPLOMA IN

Ln INTERNATIONAL BUSINESS OPERATIONS/
MASTER OF COMMERCE
Term-End Examination
June, 2017
IB0-004 : EXPORT - IMPORT
PROCEDURES AND DOCUMENTATION

Time : 3 hours Maximum Marks : 100

Weightage : 70%
Note : Answer any five questions. All questions carry equal
marks.

1. Describe the steps involved in the processing of 6+14

an export order. Discuss any four steps in detail.

2. Explain the major provisions concerning exports, 20

specially regulations concerning realisation of
export proceeds, under the Foreign Exchange
Management Act ?

3. Give a detailed description of procedure and 20

related documentation involved in customs
dearance of export cargo.

4. What is frustration of contract ? Describe the

available methods of dispute settlement in export-
import business along with their respective merits
and demerits. Which one you consider most
appropriate and why ? 4+16

IBO-004 1 P.T.O.
5. Why is import finance required ? Explain the
methods of import finance. 4+16

6. Explain the rules and procedure for : 10+10

(a) Claim of duty drawback under 'duty
drawback credit scheme.'
(b) Claiming relate of central excise under Rule
18.

7. Distinguish between : 5+5+5+5

(a) Revocable and irrevocable letter of credit.
(b) Consular Invoice and Customs Invoice.
(c) DA and DP.
(d) ECGC Policies and Guarantees.

8. Write short notes on any two of the following : 10+10

(a) Simplified Export documents
(b) Bill of Entry
(c) Packing Credit
(d) Export Houses

IBO-004 2
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IBO-004 3 P.T.O.
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10+10
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7. 1:i 4-11IP_Ad 3id7 : 5+5+5+5

(a) 3f-9-W4z:I (irrevocable) TIT 1- 717
(b) .11 u1.--4 071. (Consular) SIT

(c) Tall-ffd TTT .SO-di ch-I- M-111 (DA) 2.TT ITT

1;011 -TO* (DP)
(d) f9RTI- 1 TETU r-ppl (ECGC).t-oi 72-TT

8. (gcl ftEtt 'TT re.usiruNTfc Ft :10+10

(a) MITU f9711-d Mc k1
TR-
(b) 311171 TN (Bill of Entry)
(c) T (-iitg (Credit)
(d) fffzrfff (Export Houses)

IBO-004 4