Question
Which of the following statement is/are correct
regarding “Foreign Trade Policy 2023”? I. FTP 2023 aims at process re-engineering and automation to facilitate ease of doing business for exporters. II. The government intends to encourage the use of foreign currency in cross-border trade. III. The government aims to increase India’s overall exports to USD 2 trillion by 2030, with equal contributions from the merchandise and services sectors.Solution
Explanation: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles launched the Foreign Trade Policy (FTP) 2023 which comes into effect from April 1, 2023. The policy is based on the principles of trust and partnership with exporters and aims at process re-engineering and automation to facilitate ease of doing business for exporters. The government aims to increase India’s overall exports to USD 2 trillion by 2030 , with equal contributions from the merchandise and services sectors. The government also intends to encourage the use of the Indian currency in cross-border trade, aided by a new payment settlement framework introduced by the RBI in July 2022.
- Which state received the first prize in the Best State category of the 5th National Water Awards 2023? 
- Which of the following can be used for biological control of mosquitoes? 
- BS norms or Bharat Stage norms are emission standards set by government to regulate pollution from vehicles. Currently which stage of BS norms is in pla... 
- Name the PSU which recently acquired majority stake in Hindustan Petroleum? 
- Ghughua Fossil National Park is in which state? 
- What is the length of the river Brahmaputra? 
- ' value="" > - What is the theme of this year's annual meeting of World Economic Forum in Davos? 
- What is the age threshold for senior individuals covered by the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY)? 
- Which has been temporarily barred by UIDAI from aadhar based SIM verification 
- Gas Authority of India Limited (GAIL) will set up India's first plant to convert coal to synthetic gas in the state of: