What is an export license?

Grants permission to conduct exporting transaction

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Grants permission to import

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Grant permission to buy from abroad

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
Grants permission to conduct exporting transaction

An export license helps to conduct export transactions.

Suggest Corrections

Similar questions

Q. Who is being granted permission?

Identify the documents highlighted in the following statements:

(1) On the basis of this document, the customs office grants permission for the export.

(2) This document is prepared by the importer, and it shows the details of goods imported.

(3) On the basis of this document imported goods are unloaded from the carrier.

Which of the following acts made provisions to grant permission to the Christian Missionaries for the propagation of religion in India?

Q. Where a special permission has been granted by the registrar the 'financial year' of a company may at the most be ________________.

Q. Loans granted by a bank to an exporter popularly known as ‘Export credit’ is guaranteed, in case of default, by which of the following?

Join BYJU'S Learning Program

What is an export license?

The correct option is A Grants permission to conduct exporting transaction An export license helps to conduct export transactions.

The correct option is A
Grants permission to conduct exporting transaction

An export license helps to conduct export transactions.