Export Import Finance

Paper Code: 
IBG 317
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of this course is to understand basic concept of Export Finance because Export finance plays important role in the socio-economic prosperity of the country.

9.00
Unit I: 
Unit 1

Export Finance: Meaning, Methods, procedures, Difference between Pre-shipment and Post shipment finance. Deferred Credit Export financing and Institutional Support: Short term credit, Long term credit, factoring. 

9.00
Unit II: 
Unit 2

Export Payment terms: Factors affecting export Payment, Methods of Payment-Payment in advance, Open account, consignment stock Payment, Letter of Credit-Types, Parties,Procedures,Documentary Bills-Documents against acceptance(D/A),Documents against Payments (D/P), Difference between (D/P) and (D/A).

9.00
Unit III: 
Unit 3

Import Financing: Meaning, procedure, Exchange regulations relating to Import Finance, Documentary Credit

Rediscounting of export Bills, Role of Acceptance House and Discount House.

9.00
Unit IV: 
Unit IV

Exchange Control In India: Managing foreign exchange risk-Transaction, Translation, Economic Risk, Tactics and Strategies to reduce foreign exchange risk, Transfer Pricing. Meaning ,features, Objectives ,methods.

9.00
Unit V: 
Unit 5

Export Credit and Guarantee Corporation (ECGC), EXIM Bank-  Objectives and Functions.

* Case studies related to entire topics are to be taught.

 

Essential Readings: 
  • MJ Mathew,”RiskManagement and Insurance”,RBSA Publications,Jaipur.
  • Neelam C.Gulati,”Principles of Insurance Management”,Excel books
  • Karam Pal,B.S.Bodla,M.C.Garg,”Insurance Management:Principles &       Practices,Deep& Deep Publications

 

ACADEMIC YEAR: