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.
Statements: All hotels are busses.
Some buses are cars.
All cars are trams.
Some trams are clouds.
Conclusions:I. some trams...
In the question below some statements are given followed by two conclusions I, and II. You have to take the given statements to be true even if they se...
Statements:
Only dogs are cats.
No rat is a dog.
Mostly camels are rats.
No camel is a cow
Conclusions:
I. No ...
Statements:
Only a few erasers are pencils
All erasers are pens
No pencil is a stencil
Conclusions:
I. Some erase...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Three statements are given followed by three conclusions numbered I, II, and III assuming the statements to be true, even if they seem to be at varian...
- Two statements are given followed by three conclusions numbered I, II, and III assuming the statements to be true, even if they seem to be at variance with...
Statement:
Some buckets are mugs.
Some mugs are tubs.
All tubs are plastics.
No plastics is a white.
Conclusion: <...
Relevant for Exams:
