Impex Procedures

1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

end semester examination – april 2012

M.I.B   – II semester

Impex procedures

Duration: 2  Hrs                                                                                                          Max. Marks: 50 

Section – A

  Marks : 20

1. What barriers an exporter faces after the trade barriers have been

removed? Name two of the barriers.

2. Which country has introduced the eco testing for absence of banned

amines in textiles?

3. Name the scheme under which developing countries extend

preferential tariff treatment for developing countries.

4. How many countries extend preferential tariff treatment?
5. Name 5 countries in the European Union.
6. Name 5 countries outside E.U. that extend tariff concessions.
7. What is DEPB?
8. Name the organization which allots I.E.C.
9. Name a minimum of 5 auxiliary documents.
10. Name a minimum of 5 regulatory documents

Section – B

  Marks :10

11. What is a documentary credit?
12. What is an irrevocable letter of credit?
13. Who is the role of a CHA?
14. What is the role of a Forwarding Agent?
15. What are the 3 types of tests carried out on products?

 

Section – C

  Marks 20

16. 16. From the given Documentary Credit identify 5 of the commercial requirements
17. Who is the applicant?
18. What is the last date of shipment?
19. Identify the nominated shipping and forwarding Agent.
20. What is the tolerance given on quantity and value?
21. Generate an invoice for the quantity being shipped.
22. Fill in the G.S.P form for the quantity shipped                   

P.T.O…..