Master in Commerce – MCOM First Year Solved Assignments for January 2022 and July 2021 Admission Cycles
MCOM Tutor Marked Solved Assignment
Course Code : IBO – 04
Course Title : Export Import Procedure and Documentation
Assignment Code : IBO-04/TMA/2021-22
Coverage : All Blocks
IBO – 04 Export Import Procedure and Documentation Solved Assignment for 2021-22
Following are the questions of IBO – 04-Export Import Procedure and Documentation of IGNOU – MCOM First Year Assignment for 2021-22 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.
| Session | 2021-22 |
| University | IGNOU |
| Programme Code | Master of Commerce – M.Com |
| Course Code | IBO04 – Master of Commerce (M.Com) – First Year |
| Course Title | Export Import Procedure and Documentation |
| Assignment Code | IBO-04/TMA/2021-2022 |
| Language | English |
| Applicability of Assignments | These assignments are applicable to all the students to be appear in TEE June 2022 or TEE Dec 2022 irrespective of their admission cycle. |
| Last Date of Assignment Submission | For TEE June 2022 – Extended to 15th April, 2022 For TEE Dec 2022 – 15th September, 2022 |
Question 1. What are the steps involved in the processing of an Export order? Explain them briefly
(i) Insurance policy and Insurance Certificate.
(ii) Liner and Tramp Shipping Services
Question 3. (a) Describe the process of preparing goods for exports and their transit to the port of shipment along with documentation formalities.
Question 3. (b) Explain the customs clearance via sea along with documentation formalities
(i) Export houses do not get any strategic advantages through EDI
(ii) Documents against acceptance do not have a usage period.
(iii) Credit is a major weapon of international competition but it involves risk
(iv) Export incentives do not promote export.
(i) General Provisions for imports.
(ii) Foreign Currency Account.
(iii) Financing under Deferred Payment Arrangement.
(iv) ISO 9000.