IBP Superior Qualification

Winter 2021
The Institute of
Bankers Pakistan

Time Allowed: 3 Hours Maximum Marks:100

Finance of International Trade and Related Treasury Operations
Date: June 20, 2022 JAIBP (Stage-III) Roll No:

Instructions:
i.
Attempt ALL questions;
ii.
Answers must be neat, relevant and brief;
iii.
In marking the answer sheet, the examiners take into account clarity of exposition, logic of arguments,
presentation and language;
iv. Read the instructions printed inside the top cover of answer script CAREFULLY before attempting the
paper;
v. DO NOT write your Name, Access No. or Roll no. etc. anywhere inside the answer script(s);
vi. Candidates are advised not to mark any of the objective answer on the question paper, otherwise their
paper will be cancelled;
vii. Question Paper must be returned to invigilator before leaving the examination hall.

SECTION B: SUBJECTIVE

Attempt ALL Questions. (55 Marks)

Q1. List down any FOUR non-monetary methods directly affecting the exports and imports of a country?
(5 Marks)

Q2.
A. Briefly explain the Avalisation of Draft (Guaranteed Bill of Exchange) and elucidate how it is beneficial
in international trade? (5 Marks)

B. Briefly explain the following in light of Documentary Credit. (10 Marks)

1. Sight LC
2. Usance LC
3. Irrevocable Unconfirmed LC
4. Transferable LC
5. Deferred Payment LC

Q3.
A. List any FIVE types of transactions that have higher Money Laundering/ Terrorist Financing risks and
should be considered for Enhanced Due Diligence (EDD). (10 Marks)

B. List any FIVE common frauds in international trade. (5 Marks)

Q4. As a project manager, you have been assigned to ensure that the contractor must fulfill his/ her contractual
obligations on time under the contract. In this regards, briefly explain type of demand guarantee that can be
used to ensure that contractor will fulfil his contractual obligations? (5 Marks)

Q5. A client of your branch is a new entrant in the import business and would like to know about import finance
facilities offered by your bank. List any FIVE import finance facilities that can be offered to your client.
(5 Marks)

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 IBP Superior Qualification
Winter 2021
The Institute of
Bankers Pakistan
Q6. List any FIVE means of transportation and document against each of them in the context of International
Trade. (5 Marks)

Q7. What is meant by “Spot Purchase”? Explain its typical types in international payments? (5 Marks)

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