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Export & Import Management Exam

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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214 views1 page

Export & Import Management Exam

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.

Uploaded by

Anonymous xHeTIP2DG
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

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.
******

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