"Despite increasing volume of India's overseas trade over the period, the performance of Indian shipping has been rather disappointing." 

“Logistics system helps in improving the customer service.” 

Discuss briefly the constraints faced by Indian shipping industry. Describe the advantages of containerisation to the shippers and the shipowners. Also state its disadvantages, if any.  

) Why is order processing regarded as a primary logistics activity? Describe the sub activities involved that every logistician should be aware of if he is to efficiently manage the customer service. 

State the four levels at which logistics information is needed and explain the main features of an integrated information system. 

Stages of Customs Clearance 

Documentary Credit  

Value Added Network Services (VANS) 

India Trade Promotion Organization (ITPO) 

Insurance policy and Insurance certificate

Domestic sales contract and Export sales contract 

Intermediate advance license and Advance license 

Fiscal incentives and Financial incentives

Exchange control regulations are not administered by Reserve Bank of India

Credit is a not a major weapon of international competition but it involves risk. 

In export-import trade people are dealing in documents and not in goods

Export incentives are not universal practice. Export incentives are not universal practice. 

What are the documents required under letter of credit. Discuss various kinds of letter of credit. 

What do you mean by Documentary credit. What is the method of realising payments under Documents Against Payments?

. What is EDI? How has EDI evolved over the years and what are the key components of an EDI system. What are the benefits organizations are getting from EDI. Give suitable examples.