Question:
What was the objective of MIGA?
Answer:
To encourage flow of direct flow of investment in less developed member countries.
International Business II
Q 1.
List various affiliated bodies of World Bank.
Q 2.
Name any two WTO Agreements.
Q 3.
Explain the meaning of the following documents used in connection with import transactions
- Trade enquiry,
- Import license,
- Shipment of advice,
- Import general manifest,
- Bill of entry.
Q 4.
What is Advance License Scheme?
Q 5.
Discuss the process involved in securing for exports.
Q 6.
What is Shipping Bill?
Q 7.
What was the objective of MIGA?
Q 8.
Name the most important document of export.
Q 9.
List out major affiliated bodies of the World Bank.
Q 10.
Write short notes on the following:
- UNCTAD
- MIGA
- World Bank
- ITPO
- IMF
Q 11.
Write a detailed note on features, structure, objectives and functioning of WTO.
Q 12.
Why is export promotion necessary?
Q 13.
What is the main objective of WTO?
Q 14.
How many Export Promotion Councils are there in India?
Q 15.
Define Export Processing Zones.
Q 16.
Name the most important document used in import.
Q 17.
What is pre-shipment finance?
Q 18.
Why is it necessary for an export firm to go in for pre-shipment inspection?
Q 19.
Explain briefly the process of customs clearance of export goods.
Q 20.
When was State Trading Corporation established?
Q 21.
Discuss the principal documents used in exporting.
Q 22.
Santa Cruz is famous for which exclusive items?
Q 23.
How many regional and international offices does ITPO have?
Q 24.
Discuss the formalities involved in getting an export license.
Q 25.
What is IMF? Discuss its .various objectives and functions.
Q 26.
Explain the term FOB.
Q 27.
List and explain various incentives and schemes that the government has evolved for promoting the country's foreign trade.
Q 28.
Give full form of EPZ and SEZ.
Q 29.
Write the full form of ICSID.
Q 30.
Explain different organizations involved in export promotion or facilitating foreign trade.
Q 31.
Why is it necessary to get registered with an Export Promotion Council?
Q 32.
How many Commodity Boards are there in India?
Q 33.
Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.
Q 34.
Who is a clearing agent?
Q 35.
Which agency of World Bank provides loan to private sector of developing countries?
Q 36.
Write short note on Indent House and Dock Challan.
Q 37.
Explain the meaning of Mate's Receipt.
Q 38.
Why did WTO establish? What are its objectives?
Q 39.
What is a Letter of Credit? Why does an exporter need this document?
Q 40.
Discuss the principal documents used in exporting.
Q 41.
When was IIFT formed?
Q 42.
What is Performa Invoice?
Q 43.
Name the certificate which is used for ensuring timely payment.
Q 44.
Define Mate's Receipt.
Q 45.
What is IEC number?
Q 46.
Rekha Garments has received an order to export 2000 men's trousers to Swift Imports Ltd. located in Australia. Discuss the procedure that Rekha Garments would need to go through for executing the export order.
Q 47.
Explain the steps of export procedure.
Q 48.
What is Bill of Lading? How does it differ from bill of entry?
Q 49.
Discuss the process involved in securing for exports.
Q 50.
Identify various organizations that have been set up in the country by the government for promoting country's foreign trade.
