Consider the following with respect to Foreign Trade Policy:

1. It is formulated every 5 years
2. It focuses on promoting India's International trade

Which of these statements are correct ?

1 only

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2 only

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Both 1 and 2

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None of the above

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Solution

The correct option is C
Both 1 and 2
The Foreign Trade Policy will be implemented for five years and aims to make India a leader in international trade.

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