The major focus areas of Trade Policy 2010-11 of India are (a) Improvement in infrastructure related to…
The Annual Supplement to the Foreign Trade Policy (2010-11) focused on: (a) improvement in export-related infrastructure, (b) bringing down transaction costs, and (c)…
Choose your answer
The major focus areas of Trade Policy 2010-11 of India are
(a) Improvement in infrastructure related to exports
(b) Bringing down transactions costs
(c) Providing full refund of all indirect taxes and levies
(d) Establishment of SEZs.
Answer and explanation
Correct answer B
The Annual Supplement to the Foreign Trade Policy (2010-11) focused on: (a) improvement in export-related infrastructure, (b) bringing down transaction costs, and (c) providing full refund of indirect taxes and levies (while SEZs were already established under the SEZ Act, 2005).
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