IBO-04 Export Import Procedures and Documentation Solved Assignment 2023-2024

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TUTOR MARKED ASSIGNMENT
COURSE CODE : IBO-04
COURSE TITLE : Export Import Procedure and Documentation
ASSIGNMENT CODE : IBO-04/TMA/2023-2024
COVERAGE : ALL BLOCKS

Title Name

IBO-04 Solved Assignment 2023-2024

University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course MCOM
Language ENGLISH
Semester 2023-2024 Course: MCOM
Session For July 2023 and January 2024 admission cycle
Short Name IBO-04
Assignment Code IBO-04/TMA/2023-2024
Product Assignment of MCOM 2023-2024 (IGNOU)
Submission Date July session: 15th March

January session: 15th September

 

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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.
(10+10)
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.
(10+10)
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.
(4×5)
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
(4×5)
5. Write a short note on the following:
a) EDIFACT
b) Exporters Grievances Redressal Cell
c) ECGC
d) Foreign currency account

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