Question

Q. Consider the following pairs:

List A (Schemes)	List B (Objective)
1. RoSCTL	Assistance for specified agricultural products
2. Transport and marketing assistance	Boost competitiveness of textiles
3. Niryat Bandhu	Handholding of MSME for export promotion

Select the correct answer using the codes given below.

• A. 1 only
• B. 1 and 2 only
• C. 3 only
• D. 1 and 3 only

Answer 1

The correct option is C 3 only

Explanation:

• The Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) covering the export of garments and made-ups was notified on 7-3-2019 to provide a refund of duties/taxes. It promotes enhanced competitiveness in the Textiles Sector, Helps boost exports and job creation. Hence Pair 1 is incorrectly matched
• The "Transport and Marketing Assistance" (TMA) for specified agriculture products scheme aims to provide assistance for the international component of freight and marketing of agricultural produce which is likely to mitigate the disadvantage of the higher cost of transportation of export of specified agriculture products due to trans-shipment and to promote brand recognition for Indian agricultural products in the specified overseas markets. Hence, Pair 2 is incorrectly matched.
• The Niryat Bandhu scheme was announced for mentoring and handholding of first-generation entrepreneurs to aid exports. Under this, ‘MSME clusters’ have been identified, based on the export potential of the product and the density of industries in the cluster, for focussed interventions to boost exports. Hence, Pair 3 is correctly matched