Q. Which of the following statements is/are correct about Foreign trade policy (FTP) 2015-20?

Select the correct answer using the code given below:

1 only

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2 only

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Both 1 and 2

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Neither 1 Nor 2

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Solution

The correct option is D Neither 1 Nor 2
Explanation:

Statement 1 is incorrect. Under this policy, all exports reward schemes have been merged under two schemes i.e. Merchandise exports from the India scheme (MEIS) and Service Exports from the India scheme (SEIS).

Statement 2 is incorrect. The existing FTP 2015-20, which is valid up to March 31, 2020, is extended up to 30th September 2021.

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Q. Which of the following statements is/are correct about Foreign trade policy (FTP) 2015-20? Select the correct answer using the code given below:

Q. Which of the following statements is/are correct about Foreign trade policy (FTP) 2015-20?

Select the correct answer using the code given below: