CURRENT AFFAIRS

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

How many groups are Constituted by CBIC to study and recommend measures to facilitate trade, promote exports and improve compliance?

A	5
B	3
C	8
D	10

Explanation:

Detailed explanation-1: -Presently, there are fourteen Export Promotion Councils under the administrative control of the Department of Commerce. Names and addresses of these Councils are given in Annexure 1.2. These Councils are registered as non-profit organizations under the Companies Act/ Societies Registration Act.

Detailed explanation-2: -Types of Export Promotion Councils (EPCs)‍ electronic goods, apparel, food products, etc. have their own requirements and export-related challenges, the respective export promotion councils take on the responsibility to help exporters overcome challenges for those product categories and increase exports.

Detailed explanation-3: -There are two kinds of membership available for RCMC Membership registration under FIEO.

There is 1 question to complete.