Get fully solved assignment. Buy
online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour
or immediate
Charges rs 125/subject
DRIVE Winter 2016
PROGRAM Master of Business Administration- MBA
SEMESTER 4
SUBJECT CODE &
NAME
IB0018 – Export-Import Finance
1
Discuss the role of EXIM bank in promoting foreign trade.
Objectives
Functions
Conclusion
Answer: Export-Import Bank of India (Exim Bonk, In short) is a
wholly cerement-owned financial institution, set up for the purpose of financing,
facilitating and promoting Indian's 'foreign trade. Exim Bank plays a
four-pronged role with 'regard to India's foreign trade: those of a
coordinator, a source of finance, consultant and promoter.
2
Explain the Mechanism for Disbursal of Pre Shipment Finance?
Mechanism for Disbursal of Pre
Shipment Finance
Answer: Pre shipment finance to exporters goes through following
stages from sanction to its liquidation.
(i)
Appraisal and Sanction of Limits: Banks check various aspects while making an appraisal and
sanction of export credit to exporters. Some of the important aspects that
banks check are product profile of the exporter in international market,
political and economic environment of the country of import etc. Banks also
look into the creditworthiness and solvency report of the prospective buyer,
with whom the exporter proposes to do business. In order to arrive at a
(ii)
3
What are the various trade financing schemes?
Trade Financing Schemes
Answer: Trade financing
schemes
Export
Credits
The EXIM Bank regularly offers
credit facilities for exports to be availed by companies in India and abroad as
well as commercial banks. The export credits offered by EXIM Bank of India can
be divided in the following manner:
(i) Companies in India executing
overseas contracts
Various exporters who
4
What are the various Risks Coverage under ECGC Policies? Discuss in detail.
Risks Coverage under ECGC Policies
Answer: ECGC policies protect the exporters from a wide range of
commercial and political risks and provide an exporter a competitive edge in
dealing in international trade and:
• Helps in expansion of sales
• Helps in protecting the exporter
against bad debts
• Helps in credit
5
Discuss the Methods of Import Finance And Import Financing Schemes.
Methods of Import Finance
Import Financing Schemes
Answer: Methods of
Import Finance
(i)
Financing Import under L/C:
After the L/C is opened, the issuing bank sends it to the advising bank in the
exporter’s country. The exporter is known as a beneficiary while the importer
is known as an applicant. If the beneficiary is satisfied by the terms and
conditions specified in the L/C, he ships the goods and obtains the documents
as mentioned in the contract. These documents are then submitted to a bank for
scrutinizing and for checking their conformity with the credit
(ii)
6
What is Foreign Exchange Market? Discuss the Participants in Foreign Exchange
Markets?
Meaning
Participants
Answer: The foreign exchange market or currency market exists
wherever international currencies are traded for another. Foreign exchange
market, known also as forex market, is by far the largest market in the world.
No other market of the world is comparable to forex markets in terms of cash
value traded every day. Forex market transactions include trading between large
banks, central banks, foreign exchange dealers, currency speculators,
transnational corporations, governments and other financial and non financial
institutions. According to some estimates
Get fully solved assignment. Buy
online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour
or immediate
Charges rs 125/subject
No comments:
Post a Comment