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Ib0015 - Add

READY MADE SOLVED ASSIGNMENTS, PROJECT REPORTS, MODEL QUESTION PAPERS, GUIDE, SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY Call : - +91 – 9540358147, Whatsapp: +91 - 8285115522 Website: - www.smudoc.in, Email ID : [email protected]

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53 views5 pages

Ib0015 - Add

READY MADE SOLVED ASSIGNMENTS, PROJECT REPORTS, MODEL QUESTION PAPERS, GUIDE, SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY Call : - +91 – 9540358147, Whatsapp: +91 - 8285115522 Website: - www.smudoc.in, Email ID : [email protected]

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Smu Doc
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PROGRAM MBA - SEMESTER - 4

SUBJECT CODE & NAME - IB0015- Foreign Trade of India


1. Write a note on composition of Indias foreign trade?
Composition of Indias Foreign Trade
Imports have been classified into bulk imports and non-bulk imports. Bulk
imports are further sub-divided into three components: (i) Petroleum, crude
oil products (ii) Bulk consumption goods which comprise of cereals and
pulses, edible oils and sugar (iii) Other items comprising of fertilizers, nonferrous metals, paper and paper boards, rubber, pulp and waste paper,
metallic ores, iron and steel. Non-bulk imports are also classified into three
components: (i) Capital goods which include metals, machine tools, electrical
and non-electrical machinery, transport equipment and project goods (ii)
Export related items which include pearls, precious and semi-

READY MADE SOLVED ASSIGNMENTS, PROJECT


REPORTS, MODEL QUESTION PAPERS, GUIDE,
SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY
Call : - +91 9540358147, Whatsapp: +91 8285115522
Website: - www.smudoc.in, Email ID :
[email protected]

2. Explain the composition of Indias import in detail?


Composition of Indias Imports
Imports have been classified into bulk imports and non-bulk imports. Bulk
imports are further sub-divided into three components:
(i) Petroleum, crude and products
(ii) Cereals and pulses, edible oils and sugar

(iii) Some other bulk items are fertilizers, non-ferrous metals, paper and
paper boards, rubber, pulp and waste paper, metallic ores, iron and steel
Non-bulk imports are also further classified into three components
(i) Capital goods which include metals, machine tools, electrical and
nonelectrical machinery, transport equipment and project goods

READY MADE SOLVED ASSIGNMENTS, PROJECT


REPORTS, MODEL QUESTION PAPERS, GUIDE,
SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY
Call : - +91 9540358147, Whatsapp: +91 8285115522
Website: - www.smudoc.in, Email ID :
[email protected]

3. What are the main features of Indias foreign trade


policy and what are the various EPCG schemes?
Main Features of Indias Foreign Trade Policy
Trade encourages the foreign earnings as well as stimulates greater
economic activities. The main objectives of Import-export policy of the Indian
Government have been to:
(i) Provide further impetus to exports;
(ii) Provide support to the growth of indigenous industry;
(iii) Provide for optimum utilization of the countrys resource endowments,
especially in manpower and agriculture;
(iv) Facilitate technology upgradation with special emphasis on export
promotion and energy conservation;

READY MADE SOLVED ASSIGNMENTS, PROJECT


REPORTS, MODEL QUESTION PAPERS, GUIDE,
SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY
Call : - +91 9540358147, Whatsapp: +91 8285115522
Website: - www.smudoc.in, Email ID :
[email protected]

4. Write short notes on:


a. Advisory Bodies
b. Commodity boards
Ans : 4 - (a) Advisory Bodies
Board of Trade:This board of trade was set up on 5 May 1989 with the
purpose of providing an effective mechanism to maintain continuous
dialogue with trade and industry in the context of major developments in the
area of international trade. This board is headed by the Commerce and
Industry Minister who is the chairman of this Board. The official members
include Secretaries of Commerce and Industry, Finance (Revenue), External
Affairs (ER), Textile, Chairman of ITPO, Chairman/MD of ECGC, MD, Exim Bank
and Deputy Governor of Reserve Bank of India. The other members include
representatives from FICCI, CII, FIEO and media and renowned personalities
in the field of import and export trade.

READY MADE SOLVED ASSIGNMENTS, PROJECT


REPORTS, MODEL QUESTION PAPERS, GUIDE,
SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY
Call : - +91 9540358147, Whatsapp: +91 8285115522

Website: - www.smudoc.in, Email ID :


[email protected]

5. What are the various schemes under Indias


foreign trade policy?
Various Other Schemes under Indias Foreign Trade Policy
I. Duty Exemption and Remission Schemes
1. Advance Licence Schemeto allow duty free import of inputs, which are
physically incorporated in the export product (making normal allowance for
wastage) with a specific export obligation in terms of value and quantity.
2. Export Promotion Capital Goods (EPCG) Scheme to allow import of
capital goods for pre-production, production and post-production (including
CKD/SKD thereof as well as computer software systems) at 5% customs duty
subject to an export obligation equivalent to 8 times of

READY MADE SOLVED ASSIGNMENTS, PROJECT


REPORTS, MODEL QUESTION PAPERS, GUIDE,
SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY
Call : - +91 9540358147, Whatsapp: +91 8285115522
Website: - www.smudoc.in, Email ID :
[email protected]

6.
Write a short note on WTO and dispute
settlement?
WTO and Dispute Settlement
WTOs dispute settlement procedure is very significant for resolving trade
quarrels. Whenever there is a violation by any government on WTO
agreement or a commitment made to WTO WTOs dispute settlement
procedure comes to the rescue. In fact, these agreements have been made
by the representatives of governments of various countries. Obviously, these
representatives bear the brunt of settling disputes through the Dispute
Settlement Body (DSB).
The Process: Stages in WTO dispute settlement procedure
The dispute settlement system consists of various stages. Two major ways in
which the dispute can be settled after the filing of the complaint are:

READY MADE SOLVED ASSIGNMENTS, PROJECT


REPORTS, MODEL QUESTION PAPERS, GUIDE,
SYNOPSIS ETC. OF SIKKIM MANIPAL UNIVERISTY
Call : - +91 9540358147, Whatsapp: +91 8285115522
Website: - www.smudoc.in, Email ID :
[email protected]

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