Alagappa University 2007 B.B.M FOREIGN EXCHANGE AND FINANCING OF FOREIGN TRADE - Question Paper

DISTANCE EDUCATION
B.B.M. DEGREE EXAMINATION, DECEMBER 2007.
FOREIGN EXCHANGE AND FINANCING OF FOREIGN TRADE
Time : 3 hours Maximum : 100 marks
PART A — (6 ? five = 30 marks)
ans any 6 ques..
every ans not to exceed 1 page.
1. What is foreign exchange? discuss any 4 functions of foreign exchange.
2. Differentiate ranging from Foreign Trade and Internal Trade?
3. What is Bill of exchange? State its features.
4. What is consignment exports?
5. What is Exchange Arithmetic? State any 2 roles laid down by the foreign exchange dealers Association.
6. Explain the methods of correcting an unfavourable Balance of payments.
7. Differentiate ranging from Balance of payments and Balance of Trade.
8. What is letter of credit? discuss its features.
9. What are the functions of ECGC of India?
PART B — (5 ? 14 = 70 marks)
ans any 5 ques..
every ans not to exceed 3 pages.
10. Explain the features of foreign exchange market in India.
11. Explain the various methods of Exchange control.
12. Describe the various forms of commercial credit and their mechanism.
13. Explain any 5 documents used in foreign Trade.
14. What are the functions of EXIM Bank?
15. What are the various kinds of Letter of credit?
16. How does the RBI control foreign exchange in India?
17. Explain the subsequent
(a) Nostro Account and Vostro Account
(b) Sport transaction
(c) Import Trust Receipt
(d) Bill of Lading
(e) Airway Bill.
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Earning:   Approval pending.