POST GRADUATE DIPLOMA IN INTERNATIONAL BUSINESS OPERATIONS/ MASTER OF COMMERCE Term-End Examination December, 2014 IB0-04 : EXPORT - IMPORT PROCEDURES AND DOCUMENTATION Time : 3 hours Maximum Marks : 100 Weightage : 70% Note : Answer both parts A and B. PART - A 1. Comment on any four of the following : (a) One important objective of export import policy is to facilitate technological and infrastructural upgradation of Indian industry. (b) Selling under C.I.F contract is good for the country as a whole. (c) Export Promotion Capital Goods (EPCG) help exporters in reducing manufacturing cost of export goods. (d) The Duty Free Import Authorisation (DFIA) scheme which allows imports of input required for export product is an improvement over the earlier on such schemes. (e) Exporting is far more riskier than any domestic business of comparable size (f) EXIM Bank does not provide long – term credit. PART - B
Answer any four of the following questions.
2. The broad objective of 'export-import' policy is to act as an effective instrument of economic growth. What strategies are proposed to achieve the objective ? Give a detailed answer.
