Question
Consider the following statements with reference to
‘Export Promotion Capital Goods Scheme’ (EPCG): 1. Manufacturers can import capital goods for pre-production, production and post-production goods without attracting any customs duty. 2. Capital goods are physical assets that a company uses in the production process to manufacture products and services. 3. It is a trade promotion scheme implemented by the Indian government that allows duty-free import of capital goods for the purpose of export production in India. Which of the statements given above is/are not correct?Solution
All statements are correct. Manufacturers can import capital goods for pre-production, production and post-production goods without attracting any customs duty. Capital goods are physical assets that a company uses in the production process to manufacture products and services. It is a trade promotion scheme implemented by the Indian government that allows duty-free import of capital goods for the purpose of export production in India.
Find the word with the appropriate similar meaning of the word in Italic from the options given:
The tranquil lake was perfect for a peaceful w...
Person with independent or unorthodox views
In the following question, four words have been given out of which one word is incorrectly spelt. Select the incorrectly spelt word.
Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The fragile vase was handled carefully, while t...
A devil's advocate would be:
Poignant
Select the most appropriate ANTONYM of the given word.
Hospitality
Choose the word correct antonym:
Contemporary
A very powerful businessman
Sanguine
...