CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Government has eased norms for exporters under which scheme
A
Merchandise Exports India Scheme
B
Merchant Export India Scheme
C
Mutual Export India Scheme
D
None of the above
Explanation: 

Detailed explanation-1: -"The government has announced a one-time relaxation from maintaining the average export obligation and an option to extend the export obligation period for certain sectors under the EPCG scheme, ” it said.

Detailed explanation-2: -Under this scheme, exports of notified goods/ products to notified markets as listed in Appendix 3B of Handbook of Procedures, are granted freely transferable duty credit scrips on realized FOB value of exports in free foreign exchange at specified rate.

Detailed explanation-3: -EOU/EHTP/STP/BTP Schemes This scheme came to effect in 1981, and it aims at increasing export activities in the country.

There is 1 question to complete.