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Question

The Foreign Trade policy is based on four key pillars. Which of the following options accurately represents these pillars?

A Incentive to Remission, Export promotion through collaboration, Ease of doing business, reduction in transaction cost and e-initiatives, and E-Commerce Developing Districts as Export Hubs and streamlining SCOMET policy. Correct Answer Incorrect Answer
B Incentive to Remission, Export promotion through collaboration, Ease of doing business, reduction in transaction cost and e-initiatives, and Developing Special Economic Zones (SEZs) and promoting trade agreements Correct Answer Incorrect Answer
C Incentive to Remission, Export promotion through collaboration, Ease of doing business, reduction in transaction cost and e-initiatives, and Promoting MSME exports and enhancing logistics infrastructure. Correct Answer Incorrect Answer
D Incentive to Remission, Export promotion through collaboration, Ease of doing business, reduction in transaction cost and e-initiatives, and Focusing on sustainable development and promoting green exports. Correct Answer Incorrect Answer
E Incentive to Remission, Export promotion through collaboration, Ease of doing business, reduction in transaction cost and e-initiatives, and Enhancing digital trade and supporting startups. Correct Answer Incorrect Answer

Solution

Incentive to Remission, Export promotion through collaboration, Ease of doing business, reduction in transaction cost and e-initiatives and E-Commerce Developing Districts as Export Hubs and streamlining SCOMET policy. (i)Incentive to Remission, (ii) Export promotion through collaboration - Exporters, States, Districts, Indian Missions, (iii) Ease of doing business, reduction in transaction cost and e-initiatives, and (iv) Emerging Areas – E-Commerce Developing Districts as Export Hubs and streamlining SCOMET policy.

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