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.
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.
What is Shipping Bill?
Q 6.
Discuss the process involved in securing for exports.
Q 7.
Name the most important document of export.
Q 8.
What was the objective of MIGA?
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.
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.
Why is it necessary for an export firm to go in for pre-shipment inspection?
Q 18.
What is pre-shipment finance?
Q 19.
When was State Trading Corporation established?
Q 20.
Discuss the principal documents used in exporting.
Q 21.
Santa Cruz is famous for which exclusive items?
Q 22.
Explain briefly the process of customs clearance of export goods.
Q 23.
How many regional and international offices does ITPO have?
Q 24.
Give full form of EPZ and SEZ.
Q 25.
Write the full form of ICSID.
Q 26.
Explain the term FOB.
Q 27.
Explain different organizations involved in export promotion or facilitating foreign trade.
Q 28.
Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.
Q 29.
Write short note on Indent House and Dock Challan.
Q 30.
Why is it necessary to get registered with an Export Promotion Council?
Q 31.
What is IMF? Discuss its .various objectives and functions.
Q 32.
Who is a clearing agent?
Q 33.
How many Commodity Boards are there in India?
Q 34.
Discuss the formalities involved in getting an export license.
Q 35.
Name the certificate which is used for ensuring timely payment.
Q 36.
When was IIFT formed?
Q 37.
Which agency of World Bank provides loan to private sector of developing countries?
Q 38.
What is Performa Invoice?
Q 39.
What is IEC number?
Q 40.
List and explain various incentives and schemes that the government has evolved for promoting the country's foreign trade.
Q 41.
Explain the steps of export procedure.
Q 42.
Explain the meaning of Mate's Receipt.
Q 43.
Define Mate's Receipt.
Q 44.
Write the full form of DTA.
Q 45.
What is Bill of Lading? How does it differ from bill of entry?
Q 46.
Explain the term FOB.
Q 47.
What is the purpose of pre-shipment finance?
Q 48.
Why did WTO establish? What are its objectives?
Q 49.
What is World Bank? Discuss its various objectives and role of its affiliated agencies.
Q 50.
Discuss the process involved in securing for exports.