2018 (May)
COMMERCE
(General)
Course:
602
(International Business)
Time:
3 hours
The
figures in the margin indicate full marks for the questions
(NEW COURSE)
Full
Marks: 80
Pass
Marks: 24
1. Answer the following as directed: 1x8=8
a)
The country to which India exports the largest
is
1)
America.
2)
England.
3)
Germany.
4)
Japan. (Choose
the correct answer)
b)
Mention one function of EXIM Bank. To provide fund to EOU to EPZ
c)
Write one objective of export processing zone. To provide an internationally competitive duty
free environment for export production at low cost.
d)
Write the full form of FEMA. Foreign Exchange
Management Act
e)
The apex ministry at the central level to
formulate and execute India’s foreign trade policy is the Ministry of Commerce.
(Fill in the blank)
f)
Write the full form of SAARC. South Asian
Association for Regional Co-operation.
g)
What does protect an exporter of products and
services against the risk of non-payment by foreign buyer? Letter
of Credit
h)
Write the full form of ECGC. Export
Credit Guarantee Corporation of India Limited
2. Write short notes on: 4x4=16
a)
Export-oriented units.
b)
Significance of export credit insurance.
c)
Commodity composition of Indian export.
d)
Objectives of exchange control.
3. (a) Discuss the growth of India’s foreign trade in the
context of global foreign trade. 14
Or
(b) Discuss the characteristics of India’s
foreign trade in recent years. 14
4. (a) What is exchange control? Explain the methods of
exchange control. 4+10=14
Or
(b) Write an analytical note on
export-import policy of India. 14
5. (a) Discuss the role of commercial banks in Indian foreign
trade. 14
Or
(b) Describe the objectives and functions of
Export-Import Bank of India. 14
6. (a) Explain briefly the different organizations involved in
export promotion in India. 14
Or
(b) What is special economic zone? Highlight
the objectives of the SEZ Act of India. Discuss the advantages of SEZ. 3+3+8=14
(OLD
COURSE)
Full
Marks: 80
Pass
Marks: 32
1. Answer the following as directed: 1x8=8
a)
The major trade partner of India is
1)
Canada.
2)
China.
3)
Great Britain.
4)
Mexico. (Choose
the correct answer)
b)
“A foreign trade zone (FTZ) is a free trade
agreement among several nations.” (Write True or False)
c)
The institutional framework developed in 1947 to
promote trade liberalization is known as
1)
GATT.
2)
WTO.
3)
IMF.
4)
IBRD. (Choose
the correct answer)
d)
The policy for developing and protecting
domestic industries is said as _____ trade policy. (Fill in the blank)
e)
The operations of the EXIM Bank of India
commenced from the year _____. (Fill in the blank)
f)
Write the full form of FDI. Foreign Direct
Investment
g)
Write the full form of EPCs. Export Promotion
Councils
h)
Write the full form of ECGC. Export
Credit Guarantee Corporation of India Limited
2. Write short notes on any four of the following: 4x4=16
a)
Export Processing Zone.
b)
Bilateral Agreement.
c)
Deferred Payment System.
d)
Export-Import Bank.
e)
Control of Foreign Trade in India.
3. (a) Discuss the growth of India’s foreign trade after
liberalization. 12
Or
(b) Write a note on the commodity
composition and direction of India’s foreign trade. 12
4. (a) Explain the objectives and methods of foreign exchange
control in India. 11
Or
(b) Analyze the India’s foreign trade
policies during last ten years. 11
5. (a) Discuss the role of commercial banks in Indian foreign
trade. 11
Or
(b) Discuss the various export incentives
offered by the Indian Government for promotion of export. 11
6. (a) Discuss the role of the Export Promotion council in
promoting exports in India. 11
Or
(b) What is special economic zone (SEZ)?
Discuss the advantages of SEZ. 3+8=11
7. (a) Discuss the importance of multilateral agreement in
promoting foreign trade. 11
Or
(b) Discuss the main characteristics of the
current foreign investment policy of India. 11
***
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