IBO-04 Export Import Procedures & Documentation Solved Assignment 2021-22

Description

Course Code :	IBO-04
Course Title :	Export Import Procedures and Documentation
Medium :	English
Program :	MCOM (1st Year)
Max Marks :	100
Weightage :	30%
Session :	July 2021 and January 2021 (2021-22)
Last Date of Submission :	15th March, 2022 (for July 2021 session) 15th September, 2022 (for January 2022 session)
Solution Type :	Softcopy (PDF File)

TUTOR MARKED ASSIGNMENT

---

Course Code	: IBO-04
Course Title	: Export Import Procedures & Documentation
Assignment Code	: IBO-04/TMA/2021-22
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.
2. Distinguish between:
   (a) Insurance policy and Insurance Certificate.
   (b) Liner and Tramp Shipping Services.
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.
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.
5. Write notes on the following:
   (a) General Provisions for imports.
   (b) Foreign Currency Account.
   (c) Financing under Deferred Payment Arrangement.
   (d) ISO 9000.

---

Keywords: IBO-04, IBO-4, IBO04, IBO4, IBO 04, IBO 4