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