Business Studies

International Business II

Question:

Explain the meaning of Mate's Receipt.

Answer:

Mate's Receipt is issued by the captain or commanding officer of a ship to an exporter. This receipt acts as evidence that the exporter's cargo has been loaded on the ship. It contains information such as the name of the vessel, berth, date of shipment, condition of the cargo when it was loaded, description of the packages of the cargo, number of packages and marks on the packages. Once the port dues are received, the port superintendent gives the Mate's Receipt to the C and F agent concerned. It is only after the Mate's Receipt has been obtained that the shipping company will issue the bill of lading.

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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

  1. Trade enquiry,
  2. Import license,
  3. Shipment of advice,
  4. Import general manifest,
  5. 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:

  1. UNCTAD
  2. MIGA
  3. World Bank
  4. ITPO
  5. IMF

Q 11.

Write a detailed note on features, structure, objectives and functioning of WTO.

Q 12.

What is the main objective of WTO?

Q 13.

How many Export Promotion Councils are there in India?

Q 14.

Define Export Processing Zones.

Q 15.

Why is export promotion necessary?

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.

When was State Trading Corporation established?

Q 20.

Discuss the principal documents used in exporting.

Q 21.

Explain briefly the process of customs clearance of export goods.

Q 22.

Santa Cruz is famous for which exclusive items?

Q 23.

Give full form of EPZ and SEZ.

Q 24.

How many regional and international offices does ITPO have?

Q 25.

Explain the term FOB.

Q 26.

Who is a clearing agent?

Q 27.

Discuss the formalities involved in getting an export license.

Q 28.

Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.

Q 29.

What is IMF? Discuss its .various objectives and functions.

Q 30.

Explain different organizations involved in export promotion or facilitating foreign trade.

Q 31.

How many Commodity Boards are there in India?

Q 32.

Write the full form of ICSID.

Q 33.

Write short note on Indent House and Dock Challan.

Q 34.

Why is it necessary to get registered with an Export Promotion Council?

Q 35.

List and explain various incentives and schemes that the government has evolved for promoting the country's foreign trade.

Q 36.

Which agency of World Bank provides loan to private sector of developing countries?

Q 37.

Name the certificate which is used for ensuring timely payment.

Q 38.

Explain the meaning of Mate's Receipt.

Q 39.

When was IIFT formed?

Q 40.

What is IEC number?

Q 41.

Discuss the principal documents used in exporting.

Q 42.

What is Performa Invoice?

Q 43.

Explain the steps of export procedure.

Q 44.

Explain the term FOB.

Q 45.

Define Mate's Receipt.

Q 46.

Discuss the process involved in securing for exports.

Q 47.

Identify various organizations that have been set up in the country by the government for promoting country's foreign trade.

Q 48.

What is World Bank? Discuss its various objectives and role of its affiliated agencies.

Q 49.

What is the purpose of pre-shipment finance?

Q 50.

Write the full form of DTA.