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IBO-4 Solved Assignment English Medium 2023-24 for July 2023 and January 2024 Session
TUTOR MARKED ASSIGNMENT
COURSE CODE : IBO-04
COURSE TITLE : Export Import Procedure and Documentation
ASSIGNMENT CODE : IBO-04/TMA/2023-2024
COVERAGE : ALL BLOCKS
Maximum Marks: 100
Attempt all the questions:
1. a) Discuss the duties of exporter and importer under FOB and CIF contract.
b) Explain briefly the major legal implications of FOB and CIF contract.
2. a) What is institutional infrastructure. Briefly outline the importance of institutional infrastructure.
b) What do you understand by export promotion councils and commodity boards. Briefly explain their functions.
3. Comment on the following:
a) Arbitration is better than litigation
b) Export Promotion Capital Goods (EPCG) Scheme has not liberalized the import of capital goods
c) Preshipment finance is same as post shipment finance
d) Export marketing effort has no importance for the success of exportpromotion programme in a country.
4. Distinguish between:
a) Maritime perils and Extraneous perils
b) Clean bill of lading and Closed bill of lading
c) Trading House and Star Trading House
d) Actual total loss and Constructive total loss
5. Write a short note on the following:
b) Exporters Grievances Redressal Cell
d) Foreign currency account
IBO4, IBO 4