IBO-04: Export Import Procedure and Documentation – M.Com Solved Assignment 2019 – 20

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Master of Commerce – M.Com First Year Solved Assignments for July 2019 and January 2020 Admission Cycles

MCOM First Year Tutor Marked Solved Assignment

Course Code : IBO – 04
Course Title : Export Import Procedure and Documentation
Assignment Code : IBO-04/TMA/2019-20
Coverage : All Blocks

IBO – 04 Export Import Procedure and Documentation Solved Assignment for 2019-20

Following are the questions of IBO – 04-Export Import Procedure and Documentation of IGNOU – MCCOM Assignment for 2019-20 session. To download answers of all the questions of this assignment in English click on the question, subject to availability of answer, you can view or download the answer there.

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Question 1. (a) “Electronic Data Interchange (EDI) can not work without standardization”. Give your arguments and discuss the EDI standardization.
Question 1. (b) What is Electronic Data Interchange? Describe the benefits of Electronic Data Interchange for the Export-Import Organization.

Question 2. What are the regulatory frameworks of import finance? Explain various methods of import finance available to Indian importers

Question 3. Explain the procedures of customs clearance of export cargo by sea and by air along with the documentation formalities.

Question 4. Comment on the following statements:

(i) Contract is not a legal concept.
(ii) Commercial invoice is not a seller’s bill given to the buyer.
(iii) Constructive total loss is a physical loss.
(iv) There are no privileges for the Star Export Houses.

Question 5. Write notes on the following:

(i) Rationale of export-import documents
(ii) Role of Export-Import Bank of India
(iii) Stages of customs clearance of import cargo
(iv) Export Promotion Councils and Commodity Boards


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