the month of purchase and 2.5% if payment is received in the month following. Creditors are paid either on a ‘prompt’ or 30 days basis. It is estimated that 10 % of the creditors are in the ‘prompt’ category. [2 x 8 = 16]
109 6B16 COM (CORE-XVI) INTERNATIONAL BUSINESS Time :3 hours Maximum Marks : 40 PART A Answer all questions. Each carries ½ marks 1. EXIM bank was set up in ----------- 2. GSPS stands for ----------- 3. What is GATT 4. What is cross rate [4 x ½ = 2 ] PART B Answer any four questions. Each carries one mark. 5.Define EOU 6. What is balance of trade 7.Define foreign exchange risk 8. What is futures contract 9. What is global business 10. What is strategic partnership [ 4 x 1= 4] PART C Answer any six questions (not exceeding one page) Each carries three marks. 11. Explain LPG 12. Explain factor endowment theory 13. Explain WTO 14. Distinguish Tariff and non Tariff barriers to trade 15. State the theory of mercantilism 16. What is globalization 17. Explain import licensing producers 18. Explain new trade theory 19. Explain the factors influencing the globalization 20. Which factors are stimulating foreign trade investment in India 21. Explain the role of international business in the economic development of the country[2 x 8 = 16]
1. Current deposits are also known as …………………. 2. SWIFT stands for ……………. 3. RBI started its operations on………... 4. Pledge is connected with …………… property. [4 x ½ = 2 ] PART B Answer four questions. Each carries one mark. 5.List out different types of loan. 6.What is a Smart Card? 7.Define Banker. 8.What is SLR? 9. Mention the circumstances in which a banker can close the customer’s account. 10.Define bill of exchange. 11.Explain the role of RBI in Industrial finance. 12. State the primary functions of commercial banks. 13.Explain different types of crossing. 14.What is virtual banking? State the advantages and limitations. 15.Explain the principles of sound lending. 16.Explain the steps in opening a bank account. 17.What are the need and importance of technology in banking? 18. Explain types of mortgage. [6 x 3 = 18] PART D Answer any Two questions. Each carries eight marks. 19.Explain the special relationship between banker and customer.