IBO 04 Export Import Procedure and Documentation , IBO 04 Solved Assignment 2020-21 , IBO 04 Assignment 2020-21 , IBO 04 Assignment , IGNOU Assignments 2020-21- Gandhi National Open University had recently uploaded the assignments of this session for M.COM Programme for the year 2020-21. Students are recommended to download their Assignments from this webpage itself. They don’t need to go anywhere else when everything regarding the Assignments are available during this text only.
IBO 04 Solved Assignment 2020-21 in English Medium: for college kids – IBO 04 Export Import Procedure and Documentation Solved Assignment 2020-21 , Students are advised that after successfully downloading their Assignments, you’ll find each and every course assignments of your downloaded MCOM Programme. Candidates got to create separate assignment for the IGNOU Master Course, so as that it’s easy for Evaluators to ascertain your assignments.
Contents
- 1 IBO 04 Solved Assignment 2020-21
- 1.0.0.0.1 These assignments are valid for two admission cycles (July 2020 and January 2021). The validity is given below:
- 1.0.0.0.2
- 1.0.0.0.3 1. Those who are enrolled in July 2020, it is valid upto June 2021. 2. Those who are enrolled in January 2021, it is valid upto December 2021.
- 1.0.0.0.4 IGNOU MCOM Solved Assignment 2020-21
- 1.1 Related
IBO 04 Solved Assignment 2020-21
Course Code : IBO – 04
Course Title : Export Import Procedure and Documentation
Assignment Code : IBO – 04/TMA/2020-21
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
Q-1 Distinguish between Pre-shipment Finance and Post Shipment Finance. Discuss various types of post shipment finance available to Indian exporters.
Based on the stage at which the funding is provided, export finance is split into pre-shipment and post-shipment finance. As their name suggests, pre-shipment finance is that the credit advanced to the exporters before the shipment of products , whereas post-shipment finance refers to the credit extended when the products are already shipped.
Trade finance refers to financing for the aim of trade, which incorporates both domestic also as international trade. Trade transaction is usually financed by financial intermediaries like banks, within the sort of Letter of Credit, Insurance, Export Order, etc.
A trader, i.e. exporter looks forward to an importer, to prepay for the products traded, the importer wants to mitigate the danger , and for that he/she demands the exporter to document the products shipped. during this way, banks/financial institutions may provide support within the sort of Letter of Credit, Insurance, etc.
Definition of Pre-shipment Finance
Pre-shipment finance is that the aid provided to the exporter from the date of receiving the export order till the date of actual shipment of products . It are often fund-based or non-fund based finance.
The main purpose of extending pre-shipment finance is to fulfil the capital needs of the exporter/seller of the products like the acquisition of staple , labour, packaging material etc., processing or conversion into final goods, packaging, warehousing, transportation or shipping and other pre-shipment expenses, on the products which are meant to be exported overseas.
For this purpose, a sale order from a recognized buyer/documentary evidence like a letter of credit or guarantee is issued on the buyer’s behalf and in favour of the exporter.
Classification of Pre-Shipment Finance
Pre-Shipment Finance are often of three types:
- Packing Credit
- Advance against incentives receivables from the Central Government, which is roofed by ECGC guarantee.
- Advance against cheques received as advance payment.
Definition of Post Shipment Finance
Post Shipment Finance are often defined as any sort of load, advance or credit offered to the exporter by a financial organization , after the shipment of products . It must be noted that the date of providing financial assistance, after the shipment of products to the belief of proceeds from the exported goods.
Post Shipment Finance is granted to only those exporters, in whose name goods were exported or in whose name the documents concerning the export are transferred. Moreover, finance is extended for brief term or future , which relies on the character of export. The finance is given against the shipping document which acts as proof that the products are being shipped.
Classification of Post Shipment Finance
Post-Shipment Finance are often of three types:
- Export bills purchased, discounted or negotiated.
- Advance against duty drawback receivable from the govt .
- Advance against bills sent for collection
Differences Between Pre-shipment and Post-shipment Finance
The points given below are substantial thus far because the difference between pre-shipment and post-shipment finance is concerned:
- Pre-shipment finance may be a facility provided to the exporters for fulfilling their purchase, processing and packaging needs before the products are literally shipped. On the contrary, Post-shipment finance may be a loan/advance facility which meets the cash or liquidity requirements of the exporters for the delay between the products are shipped and payment is received.
- The primary objective of pre-shipment finance is to supply sufficient finance to help the exporters in procuring staple , labour, supplies, so on produce, package, store and transport the products . Contrastingly, the most objective of post-shipment finance is to finance export receivables ranging from the date of submission of documents to the exporter’s bank till the date of realization of proceeds from exported goods.
Q-2 Discuss the procedure and documentation formalities for Customs clearance of import cargo.
Q-3 What is Credit Risk? Describe the various types of cover issued by ECGC.
Q-4 Comment on the following statements.
(a) RBI does not play any role in regulating the terms of payment in export business.
(b) Trade policy is not an instrument of economic policy which aims to promote economic growth with stability in the country.
(c) Exporting is less riskier than any domestic business of comparable size.
(d) Export promotion programmes do not aim at expansion of production base for exporters.
Q-5 Write short notes on following:
(a) Letter of Credit
(b) Value Added Network Services (VANS)
(c) Tramp Shipping Services
(d)India Trade Promotion Organisation (ITPO)
(d) Foreign Trade of Japan
IGNOU IBO 04 Solved Assignment 2020-21 : Gandhi National Open University had recently updated this session of 2020-21 M.Com Programme assignments on their official university website. we’ve made your work easy by making the solved assignments directly on one portal so as that students can easily get the solved assignments in one go. Students are advised to download their M.Com IGNOU Assignments from this webpage itself with none hassle.
You don’t need to worry & go anywhere else on the online as everything regarding the M.Com Assignments are available on this page. Students can easily download the IGNOU Assignments and submit them whenever they’re required to submit their assignments no matter their study centers.
If you’re finding out the IGNOU M.Com Solved Assignment for 2020-21 Session then finally you’re at the right place. IGNOU M.Com Solved Assignments for 2020-21 are now available for download. you’ll easily get the PDF files by clicking the download button against the particular subject that you simply simply wish to choose .
IBO 04 Solved Assignment 2020-21 , you’ll download the M.Com IGNOU assignments for these courses like M.Com Business Environment, Marketing Management, Business Environment, Financial Management and much more.
These assignments are valid for two admission cycles (July 2020 and January 2021). The validity is given below:
1. Those who are enrolled in July 2020, it is valid upto June 2021.
2. Those who are enrolled in January 2021, it is valid upto December 2021.
In case you are planning to appear in June Term-End Examination, you must submit the assignments to the Coordinator of your Study Centre latest by 15th March and if you are planning to appear in December Term-End Examination, you must submit them latest by 15th September.
IGNOU MCOM Solved Assignment 2020-21
Related links:-
IBO 03 Solved Assignment 2020-21 {India’s Foreign Trade}
IBO 05 Solved Assignment 2020-21 {International Marketing Logistics}
IBO 06 Solved Assignment 2020-21 {International Business Finance}
MCO 01 Solved Assignment 2020-21 {ORGANISATION THEORY AND BEHAVIOUR}
MCO 03 Solved Assignment 2020-21 {RESEARCH METHODOLOGY AND STATISTICAL ANALYSIS}
MCO 04 Solved Assignment 2020-21 {BUSINESS ENVIRONMENT}
MCO 05 Solved Assignment 2020-21 {Accounting for Managerial Decisions}
MCO 06 Solved Assignment 2020-21{MARKETING MANAGEMENT}
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