UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Foreign Trade and Investment in India

  • question_answer
          Which statement is correct regarding Export houses?
    I. To increases the marketable efficiency of exporters, the Government introduced the concept of export houses, trading houses and star trading houses.
    II. Those registered exporters who have shown good export performances over past few years have been given the status of export houses, and trading houses.
    III. Units having such classification are required to achieve the prescribed average export performance level and earning of foreign exchange.

    A) Only III                        

    B) I & II

    C) II & III                          

    D) All the above

    Correct Answer: D

    Solution :

    To increases the marketable efficiency of exporters, the Government introduced the concept of export houses, trading houses and star trading houses. Those registered exporters who have shown good export performances over past few years have been given the status of export houses, and trading houses. Units having such classification are required to achieve the prescribed average export performance level and earning of foreign exchange. These units are provided some special facilities and benefits by the Government.


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