TUTOR MARKED ASSIGNMENT
Course Code : IBO – 04
Course Title : Export Import Procedures and Documentation
Assignment Code : IBO – 04/TMA/2016-17
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.

1. You are a manager in an export firm. Enumerate the documents required under CIF contract and discuss their features. 

2. What are the objectives of exchange control? Describe the regulation and management of foreign exchange under exchange control regulations and facilities concerning exports.

3. Distinguish between:

(a) Factoring and Forfaiting

(b) Actual Total Loss and Constructive Total Loss 

4. Comment on the following statements:

(a) Electronic Data Interchange do not provide strategic benefits to the organization.

(b) Documents against Acceptance do not have usance period.

 (c) Under Bareboat charter ship-owner do not let out bare ship for a period of time.

 (d) Under the financial assistance for Agricultural, Horticultural and meat exports, Agricultural and Processed Food Products Export Development Authority do not provide financial assistance. 

5. Write notes on the following:

(a) Import documents

(b) Duty drawback Scheme