Winter-2015 Get solved assignments at nominal price of Rs.125 each. Mail us at: [email protected] or contact at 09882243490 Master of Business Administration - MBA Semester 4 IB0018-Export-Import Finance Book ID-B1910 Assignment (60 Marks) Note: Answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60. Q1. Discuss the role of EXIM bank in promoting foreign trade 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 an aim to Q2. What is the need for export finance in India? Write a short note on export financing facilities in India. 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 major component of successful export transactions. Exporters need finance for purchasing, processing, packaging and Q3. As an exporter, what benefits you can get from Post shipment finance scheme? Discuss the types of post shipment credits. 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 Q4. Write short notes on: a) Export credit Guarantee Corporation b) Foreign exchange risk Answer. 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 the Export Risk Insurance Corporation of India. In 1964, the name was changed to Export Credit and Guarantee Corporation Ltd. Once again Q5. Discuss the payment options available to exporter and importer. Answer. Payment options available to exporter and importer There are 3 standard ways of payment methods in the export import trade international trade market:  Clean Payment  Collection of Bills  Letters of Credit L/c Q6. What is custom duty? Discuss its types. 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. Winter-2015 Get solved assignments at nominal price of Rs.125 each. Mail us at: [email protected] or contact at 09882243490