2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
March 31, 2022
|
|
|
April 31, 2022
|
|
|
March 31, 2025
|
|
|
March 31, 2030
|
Detailed explanation-1: -A notification in this regard was issued by the Directorate General of Foreign Trade (DGFT). The government on Thursday extended the existing Foreign Trade Policy (FTP) by six months till March 31, 2023.
Detailed explanation-2: -In view of this, it has been decided to extend the Foreign Trade Policy 2015-20, valid till Sept 30, 2022 for a further period of six months, w.e.f. October 1st, 2022.
Detailed explanation-3: -The FTP was deferred and the current policy was extended and reviewed after every six months, as businesses grappled with the disruptions caused by the pandemic. Thereafter, the government was supposed to roll out the policy in March 2022. However, another extension was given till September 30, 2022.
Detailed explanation-4: -FTP 2015-20 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in line with the ‘Make in India’ programme.
Detailed explanation-5: -The FTP 2015-20 has been extended until March 31, 2022.