This document contains a midterm exam for an Export and Import Management course. It has two parts: Part A contains 5 multiple choice definitions, and Part B contains 4 long answer questions requiring explanations of letter of credit processes, freight forwarder functions, contingency insurance policies, and consignment sales methods. The exam is worth a total of 20 marks and has a duration of 1 hour.
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Mid Term 2 EXIM QP 19
This document contains a midterm exam for an Export and Import Management course. It has two parts: Part A contains 5 multiple choice definitions, and Part B contains 4 long answer questions requiring explanations of letter of credit processes, freight forwarder functions, contingency insurance policies, and consignment sales methods. The exam is worth a total of 20 marks and has a duration of 1 hour.
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VELTECH RANGARAJAN DR.
SAGUNTHALA R&D INSTITUTE OF SCIENCE AND
TECHNOLOGY, AVADI, CHENNAI MID TERM II – QUESTION PAPER MBA – SEMESTER IV Subject Name & Code: 3162MG156 – Export and Import Management
Duration: 1 hr Total Marks: 20
Part A Answer all the questions (5 * 1 marks = 5 marks) 1. ___________is the receipt of the payment by the exporter from the importer through banking channel before the date of shipment of the goods. (DGFT) A. Advance Payment B. Consignment Sale C. Letter of Credit D. None of these 2. Who are called as 3PL? 3. What is MTO? 4. What is open sale account? 5. Why do we need chamber of commerce? Part B Answer any 3 Questions (3*5 marks = 15 marks) 6. Under which circumstances will your recommend a buyer to take Contingency Insurance Policy? Why? 7. Discuss the functions performed by a freight forwarder in international business. 8. Demonstrate the process of letter of credit in an international business. 9. Elucidate consignment sales method of payment and its importance in international payments. ***** VELTECH RANGARAJAN DR.SAGUNTHALA R&D INSTITUTE OF SCIENCE AND TECHNOLOGY, AVADI, CHENNAI MID TERM II – QUESTION PAPER MBA – SEMESTER IV Subject Name & Code: 3162MG156 – Export and Import Management
Duration: 1 hr Total Marks: 20
Part A Answer all the questions (5 * 1 marks = 5 marks) 1. ___________is the receipt of the payment by the exporter from the importer through banking channel before the date of shipment of the goods. (DGFT) A. Advance Payment B. Consignment Sale C. Letter of Credit D. None of these 2. Who are called as 3PL? 3. What is MTO? 4. What is open sale account? 5. Why do we need chamber of commerce? Part B Answer any 3 Questions (3*5 marks = 15 marks) 6. Under which circumstances will your recommend a buyer to take Contingency Insurance Policy? Why? 7. Discuss the functions performed by a freight forwarder in international business. 8. Demonstrate the process of letter of credit in an international business. 9. Elucidate consignment sales method of payment and its importance in international payments. ******