Download GTU (Gujarat Technological University) MBA 2019 Winter 3rd Sem 1539303 Export Import Management I Previous Question Paper
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER III ? EXAMINATION ? WINTER 2019
Subject Code: 1539303 Date:29/11/2019
Subject Name: Export Import Management-I
Time: 10:30 Am to 1:30 Pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1 Definitions
a) LIBOR
a) b) Bill of Exchange
c) ECGC
d) Delivered duty paid
e) Free Alongside ship
f) Documents against Acceptance
g) Commercial Risk
14
Q.2 (a) Registration procedure is important aspect for any importer or
exporter. Write a note on different registration required to become
Exporter/ Importer.
07
(b) What are Incoterms? What is the role of these terms in settling
international trade disputes?
07
OR
(b)
Explain Registration with GST and its importance in Export.
07
Q.3 (a)
How will you execute an export order? Discuss the procedure starting
from the receipt of purchase order/letter of credit up to dispatch of
material to the port.
07
(b) Discuss the various factors you would consider while deciding the
mode (s) of transportation.
07
OR
Q.3 Discuss the procedure to be followed for realization of export
proceeds under the following circumstances:
1. Credit period longer than normally allowed by the RBI
2. Short supplies and shut-out shipments
3. 3. Export by Air
14
Q.4 (a)
Explain Harmonized System and its importance in
EXIM trade
07
(b)
Explain different types of Risk in Export/Import
Business.
07
OR
Q.4 (a)
Explain importance of Marine Insurance Policy and Duty
Draw Back in Exporting Product
07
(b)
Discuss the procedure of custom clearance of Import goods.
07
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Page 1 of 2
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER III ? EXAMINATION ? WINTER 2019
Subject Code: 1539303 Date:29/11/2019
Subject Name: Export Import Management-I
Time: 10:30 Am to 1:30 Pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1 Definitions
a) LIBOR
a) b) Bill of Exchange
c) ECGC
d) Delivered duty paid
e) Free Alongside ship
f) Documents against Acceptance
g) Commercial Risk
14
Q.2 (a) Registration procedure is important aspect for any importer or
exporter. Write a note on different registration required to become
Exporter/ Importer.
07
(b) What are Incoterms? What is the role of these terms in settling
international trade disputes?
07
OR
(b)
Explain Registration with GST and its importance in Export.
07
Q.3 (a)
How will you execute an export order? Discuss the procedure starting
from the receipt of purchase order/letter of credit up to dispatch of
material to the port.
07
(b) Discuss the various factors you would consider while deciding the
mode (s) of transportation.
07
OR
Q.3 Discuss the procedure to be followed for realization of export
proceeds under the following circumstances:
1. Credit period longer than normally allowed by the RBI
2. Short supplies and shut-out shipments
3. 3. Export by Air
14
Q.4 (a)
Explain Harmonized System and its importance in
EXIM trade
07
(b)
Explain different types of Risk in Export/Import
Business.
07
OR
Q.4 (a)
Explain importance of Marine Insurance Policy and Duty
Draw Back in Exporting Product
07
(b)
Discuss the procedure of custom clearance of Import goods.
07
Page 2 of 2
Q.5
An importer in Singapore asks for a quotation for 5000kg of almonds.
You are an exporter in Dubai. You have to take a decision on the
amount to be quoted. Assume that the unit price is $2 per Kg; the
total price for 5000 Kg almonds would be $ 10000 for the goods
alone. How do you calculate the additional costs of delivering the
goods to the importer?
If you
Quote
Price includes Additional
cost ($)
Price($)
EXW Ex works (Dubai)
Export packing, marking crates
with shipping marks
400 10,400
FCA Free Carrier
Delivery to railway station by
road transport
100 10,500
FAS Free alongside ship
Rail transport to port and getting
goods alongside ship
310 10,810
FOB Free on Board
Dock dues, loading goods on
board ship. Preparing shipping
documents
100 10,910
CFR Cost and Freight
Sea freight to Singapore
875 11,785
CIF Cost, insurance and freight
Marine insurance (port to port
100 11,885
DEQ Delivered ex quay
Landing charges at Singapore
90 11,975
DDP Delivered Duty paid
Import duty on 5000 kg almond
1,000 12,975
(a) How is your quotation (Price) effected by Incoterms? 07
(b) How much does the exporter have to pay as sea flight charges
from Dubai to Singapore?
07
OR
Q.5 (a) What would be the total price to be quoted to the importer? If the
marine insurance (port to port) cost is $ 50. Instead of $100?
07
(b)
What kind of quotation would you prefer as an exporter? 07
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This post was last modified on 19 February 2020