Download GTU (Gujarat Technological University) MBA (Master of Business Administration) 2016 Winter 4th Sem 2840502 Export Import Policy Procedure And Documentation Eippd Previous Question Paper
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER (4) ? EXAMINATION ? WINTER 2016
Subject Code: 2840502 Date:25/10/ 2016
Subject Name: EXPORT-IMPORT POLICY, PROCEDURE AND DOCUMENTATION (EIPPD)
Time: 02:30pm to 05:30 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
(a)
The document is used for quotation rather than payment purposes. 6
The document is used for quotation rather than payment purposes.
1.
A. commercial
invoice
B. proforma invoice
C. insurance
certificate
D. bill of lading
2.
The simplest type of countertrade is.
A. counterpurchase B. parallel barter
C. barter D buyback
3.
This document certifies that the merchandise was in god condition immediately prior
to shipment.
A. certificate of origin B. inspection certificate
C. special purpose
document
D. insurance certificate
4.
This is the international system used to classify exported products.
A. Harmonized Tariff
Schedule (HS)
B. Schedule X
C. Schedule A D. Brussels Tariff
Nomenclature
5.
This method of payment presents the least risk to an exporter.
A. sight draft B. time draft
C. open account D. letter of credit
6.
This kind of letter of credit gives the exporter maximum security and minimum delay
in receiving payment.
A. revocable and
confirmed
B. revocable and unconfirmed
C. irrevocable and
confirmed
D. irrevocable and
unconfirmed
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Page 1 of 3
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER (4) ? EXAMINATION ? WINTER 2016
Subject Code: 2840502 Date:25/10/ 2016
Subject Name: EXPORT-IMPORT POLICY, PROCEDURE AND DOCUMENTATION (EIPPD)
Time: 02:30pm to 05:30 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
(a)
The document is used for quotation rather than payment purposes. 6
The document is used for quotation rather than payment purposes.
1.
A. commercial
invoice
B. proforma invoice
C. insurance
certificate
D. bill of lading
2.
The simplest type of countertrade is.
A. counterpurchase B. parallel barter
C. barter D buyback
3.
This document certifies that the merchandise was in god condition immediately prior
to shipment.
A. certificate of origin B. inspection certificate
C. special purpose
document
D. insurance certificate
4.
This is the international system used to classify exported products.
A. Harmonized Tariff
Schedule (HS)
B. Schedule X
C. Schedule A D. Brussels Tariff
Nomenclature
5.
This method of payment presents the least risk to an exporter.
A. sight draft B. time draft
C. open account D. letter of credit
6.
This kind of letter of credit gives the exporter maximum security and minimum delay
in receiving payment.
A. revocable and
confirmed
B. revocable and unconfirmed
C. irrevocable and
confirmed
D. irrevocable and
unconfirmed
Page 2 of 3
Q.1 (b) Write Short note on the following:
a) ECGC
b) DGFT
c) D/P
d) D/A
04
Q.1 (c) Write a brief note on Export Promotion
Council?
04
Q.2 (a) Explain WTO & its impact on economy of
INIDA?
07
(b) Describe the role of communication with
foreign customers in Exports?
07
OR
(b) What do you mean by INCOTERMS and
explain any five INCOTERMS?
07
Q.3 (a) Briefly describe the types of Export Pricing? 07
(b) Explain the Shipment Procedure in Exports? 07
OR
Q.3 (a) What do you mean by SEZ?s? How they are
helpful to Indian exporters?
07
(b) What do you understand by L/C? Explain
various types of L/C?
07
Q.4 (a) Which are the major factors affecting the
supply chain management in international
market?
07
(b) You wish to enter in Export Business. How
you will start the same?
07
OR
Q.4 (a) Explain the procedures of customs clearance
of import cargo.
07
(b) Describe export incentives for Indian
exporters.
07
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Page 1 of 3
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER (4) ? EXAMINATION ? WINTER 2016
Subject Code: 2840502 Date:25/10/ 2016
Subject Name: EXPORT-IMPORT POLICY, PROCEDURE AND DOCUMENTATION (EIPPD)
Time: 02:30pm to 05:30 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
(a)
The document is used for quotation rather than payment purposes. 6
The document is used for quotation rather than payment purposes.
1.
A. commercial
invoice
B. proforma invoice
C. insurance
certificate
D. bill of lading
2.
The simplest type of countertrade is.
A. counterpurchase B. parallel barter
C. barter D buyback
3.
This document certifies that the merchandise was in god condition immediately prior
to shipment.
A. certificate of origin B. inspection certificate
C. special purpose
document
D. insurance certificate
4.
This is the international system used to classify exported products.
A. Harmonized Tariff
Schedule (HS)
B. Schedule X
C. Schedule A D. Brussels Tariff
Nomenclature
5.
This method of payment presents the least risk to an exporter.
A. sight draft B. time draft
C. open account D. letter of credit
6.
This kind of letter of credit gives the exporter maximum security and minimum delay
in receiving payment.
A. revocable and
confirmed
B. revocable and unconfirmed
C. irrevocable and
confirmed
D. irrevocable and
unconfirmed
Page 2 of 3
Q.1 (b) Write Short note on the following:
a) ECGC
b) DGFT
c) D/P
d) D/A
04
Q.1 (c) Write a brief note on Export Promotion
Council?
04
Q.2 (a) Explain WTO & its impact on economy of
INIDA?
07
(b) Describe the role of communication with
foreign customers in Exports?
07
OR
(b) What do you mean by INCOTERMS and
explain any five INCOTERMS?
07
Q.3 (a) Briefly describe the types of Export Pricing? 07
(b) Explain the Shipment Procedure in Exports? 07
OR
Q.3 (a) What do you mean by SEZ?s? How they are
helpful to Indian exporters?
07
(b) What do you understand by L/C? Explain
various types of L/C?
07
Q.4 (a) Which are the major factors affecting the
supply chain management in international
market?
07
(b) You wish to enter in Export Business. How
you will start the same?
07
OR
Q.4 (a) Explain the procedures of customs clearance
of import cargo.
07
(b) Describe export incentives for Indian
exporters.
07
Page 3 of 3
Q.5
Case Study
WHOSE BASMATI IS IT?
Basmati is aromatic rice grown in northern India and Pakistan.
In September 1997, Rice Tec, a small food technology company based in Texas, unites
states was granted a patent by the US patent office to call an aromatic rice variety
developed in USA basmati. India challenged the case, arguing that basmati is unique
aromatic rice grown in Northern India, and not a name rice Tec could claim. In fact only
inventions can be patented. Consequently, the US patent office accepted India?s basic
position, and Rice Tec had to drop 15 of the 20 claims that it had made. Of the remaining
claims, Rice Tec managed to evolve three new varieties of rice for which it got patent from
United States Patent and Trademarks Office (USPTO), as India had not objected to these.
The ruling has not handed over Rice Tec the basmati brand. Rather, it provides it a patent
for superior three strains of basmati developed by cross breeding a Pakistani basmati with a
semi-dwarf American variety.
According to the WTO agreement, geographical indications like basmati can be legally
protected and their misuse can be thus prevented. The unfortunate thing is that government
of India has not taken timely steps for protecting our geographical indications and bio-
diversity. Although a Geographical Indication of Goods Bill was introduced in India
parliament in 1999, even at the end of 2001 it had not become an Act.
Questions:
1. Can any of the following, viz., turmeric, neem and the name basmati be
patented. Substantiate your answer.
2. Evaluate the role played by the Government of India in preventing the misuse of the
name basmati.
14
OR
Q.5
Case Study
Japan to Apple?s iPhone: ?No Thanks?
The new version of Apple?s iphone has generally been a strong seller worldwide, except in
Japan. While some analysts had estimated that Apple would sell a million units of its latest
iphone in Japan, revised estimates put the number at more like 500,000 phones. So what?s
the problem? The phone uses the faster 3G network and offers a touch screen. And Apple
iPods and computers are popular in Japan.
Well, it turns out that apple iphone?s use of the 3G network is not a big deal in Japan,
because 3G access has been a standard feature on Japanese cell phones for several years.
And as far as the touch screen is concerned, some Japanese consumers feel that would have
problems getting used to it. Perhaps the biggest hurdle facing Apple, however, is what the
iphone doesn?t have. Remember, Japanese consumers enjoy some of the world?s most
technologically advanced cell phone features, such as ?a high-end color display, digital TV
?viewing capability, satellite navigation service, music player and digital camera.? Another
?must have? feature in Japan, lacking in the iphone, is ?emoji,? which is clip art that can be
inserted into sentences to make e-mails more attractive. In addition, many mobile phone in
Japan allow their users to use their phones as debit cards or train passes.
Questions:
1. Did apple err in trying to sell its latest iphone in Japan?
2. Is the Japanese cell phone market similar to the cell phone markets in other
countries?
14
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This post was last modified on 19 February 2020