Business Studies

International Business II

Question:

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

Answer:

International Finance Corporation (IFC).

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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.

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:

  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.

Why is export promotion necessary?

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.

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.

Explain the term FOB.

Q 26.

Write the full form of ICSID.

Q 27.

Write short note on Indent House and Dock Challan.

Q 28.

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

Q 29.

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

Q 30.

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

Q 31.

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

Q 32.

Who is a clearing agent?

Q 33.

Name the certificate which is used for ensuring timely payment.

Q 34.

How many Commodity Boards are there in India?

Q 35.

Discuss the formalities involved in getting an export license.

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.

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

Q 40.

What is IEC number?

Q 41.

Explain the meaning of Mate's Receipt.

Q 42.

Explain the steps of export procedure.

Q 43.

Define Mate's Receipt.

Q 44.

What is Bill of Lading? How does it differ from bill of entry?

Q 45.

What is the purpose of pre-shipment finance?

Q 46.

Write the full form of DTA.

Q 47.

Why did WTO establish? What are its objectives?

Q 48.

Explain the term FOB.

Q 49.

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 50.

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