International Trade & Foreign Exchange (FE) question 2012 - November 2017
THE INSTITUTE OF
BANKERS, BANGLADESH
Banking Diploma Examination, November, 2017
JAIBB/DAIBB
International Trade & Foreign Exchange (FE)
Time- 3 hours
Full marks-- -100
Pass marks-50
[N. B. The figures in the right margin indicate full marks.
Answer any four questions from group A and one question from group B
Group A
Write short notes on any five of the following:—
a) Brexit;
(b) Combined Bill of Landing;
(c) Foreign Exchange Regulations in Bangladesh;
d) Consular Invoice;
e) Bill of Entry;
f) Packing Credit;
g) Asian Development
Bank.
2. Briefly describe the types of credit facilities offered
by the banks to their clients engaged in import trade. Identify the risks
associated with import financing and the ways these risks can be minimized.
3. Describe
the mechanisms for receiving payments against exports 5x4=
20
from Bangladesh under the following arrangements:-
(a) Letter of Credit;
(b) Bills for collection; (c) Consignment Sale; (d) Advance payment.
4. How does
a transferable letter of credit operate? Describe the 10+ I0=20
obligations and rights of the negotiating hank under this
type of credit.
5. Flight of
capital from Bangladesh to Switzerland and other 10+ 10= 20
centres is a matter of serious concern liar Bangladesh. What
are the likely causes for this phenomenon? What are your suggestions to stop
the capital flight?
6. Describe
the main features of foreign exchange market in 12+ 8=20
Bangladesh. Offer your suggestions to make the market more
meaningful to meet the needs of the banks and clients for both spot and forward
transactions.
7. What kind
of exchange rate policy is being currently followed by the authorities in
Bangladesh? Do you think Bangladesh taka should be devalued to improve export
performance and the flow of remittances from our nationals working
abroad?
8. Trace the
effects of smuggling of goods across Indo Bangla 10+
10 =20
border. What measures can be taken to curb this trend?
Group B
9. Please calculate the selling exchange rate of your bank
for Euro using the following data :--
Euro 1 =USD 1.1742-1.1642
US$ 1 = Tk. 78.5030-78 7070
Your margin of profit per Euro—1/ 8 %
SWIFT charges — 1/12 % per Euro.
10. Please calculate the exchange rate for buying a 120 day
bill 20
denominated in pound sterling using the following parameters
£ 1 = $ 1.4947 - 1.4957
$ 1 = Tk. 78.9020-78.10
Transit period 10 days
Interest rate 10% p.a
Profit margin per pound sterling Tk. 0.10
Category: DAIBB Question, International Trade and Foreign Exchange, International Trade and Foreign Exchange Question
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