IBO-04: Export Import Procedure and Documentation – PGDIBO SOLVED ASSIGNMENT 2018

POST GRADUATE DIPLOMA IN INTERNATIONAL BUSINESS OPERATIONS – PGDIBO Solved Assignments for January 2017 and July 2018 Admission Cycles

PGDIBO Tutor Marked Solved Assignment

Course Code : IBO – 04
Course Title : Export Import Procedure and Documentation
Assignment Code : IBO-04/TMA/2017-18
Coverage : All Blocks

IBO – 04 Export Import Procedure and Documentation Solved Assignment for 2017-18

Following are the questions of IBO – 04: Export Import Procedure and Documentation of IGNOU – PGDIBO Assignment. To download answers of all the questions of this assignment in Hindi or English click on the question, you can view or download the answer there.

Question 1. You are an exporter of engineering products. State the commercial documents required for the export of engineering products and discuss their features.

Question 2. Distinguish between:

(i). Free on Board (FoB) and Cost Insurance Freight (CIF)

(ii). Bill of Exchange and Bill of Entry

(iii). Payment credit and Deferred payment credit

(iv). Supplier’s credit and Buyer’s credit

Question 3. What are the objectives of exchange control? Explain the regulation and management of foreign exchange under Exchange Control Regulations.

Question 4. Comment on the following statements:

(i). There are universally acceptable norms as to the form of export contracts.

(ii). There are no difference between revocable and irrevocable letter of credit and confirmed letter of credit.

(iii). Post shipment credit in foreign currency is not provided to Indian exporter.

(iv). Under the Bareboat charter, the ship-owners do not let out the bare ship for a period of time.