SMU MBA SEM 4 – IB0018 – Export-Import Finance

SMU MBA WINTER 2015 -2016

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DRIVE-winter 2015

PROGRAM-MBADS (SEM 4/SEM 6)MBAFLEX/ MBAN2 (SEM 4)PGDIB (SEM 2)

SUBJECT CODE & NAME IB0018 – Export-Import Finance

BK ID-B1910

CREDIT & MARKS-4 CREDITS, 60 MARKS

Q1. Discuss the role of EXIM bank in promoting foreign trade

(Objectives, functions, conclusion) 3, 6, 1

Answer.

Role of EXIM bank in promoting foreign trade

The Export-Import Bank of India, also known as Exim Bank of India, is the leading export finance institution in the country. The bank was set up in the year 1982 under the Export-Import Bank of India Act 1981. The Government of India launched the Export-Import Bank Of India with

 

Q2. What is the need for export finance in India? Write a short note on export financing facilities in India.

(Need for export finance, Financing facilities) 5, 5

Answer.

Need for export finance

Export finance refers to financial assistance extended by banks and other financial institutions to businesses for the shipping of products outside a country or region. Export financing enables MSMEs to expand its reach to a global audience. Export financing is a

 

Q3. As an exporter, what benefits you can get from Post shipment finance scheme? Discuss the types of post shipment credits.

(Post shipment finance, types) 7, 3

Answer.

Post shipment finance scheme

Post shipment finance may be defined as a loan or advance granted by banks to their exporter clients after the shipment of goods till the date of receipt of payment from overseas buyer or credit opening bank. It is a short-term credit provided by banks to exporters to meet their working capital requirements after the shipment of goods. When an exporter has made the shipment

 

Q4. Write short notes on:

  1. a) Export credit Guarantee Corporation
  2. b) Foreign exchange risk

(Meaning and role of ECGC, Meaning of foreign exchange risk) 5, 5

Answer.

  1. a) Export credit Guarantee Corporation

Almost all countries of the world have set up organizations in their countries to provide credit risk insurance facilities to their exporters. In India, Government of India has set up ECGC to cover export credit risk. In 1957, Government of India set up

 

Q5. Discuss the payment options available to exporter and importer.

(Modes of payment) 10

Answer.

Payment options available to exporter and importer

There are 3 standard ways of payment methods in the export import trade international trade market:

    1. Clean Payment

 

Q6. What is custom duty? Discuss its types.

(Meaning, types) 4, 6

Answer.

Custom duty

A tax levied on imports (and, sometimes, on exports) by the customs authorities of a country to raise state revenue, and/or to protect domestic industries from more efficient or predatory competitors from abroad.

Customs duty is based

SMU MBA WINTER 2015 -2016

Dear Students,

SMU MBA WINTER 2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”