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UO GUUS wienee oe, , 2 a a a, tended. The EOUs are functioning in textiles, food rocege, , gineering goods, coffee, gems and jewellery, electries, ctronics., , :RICULTURE EXPORT ZONE (AEZ):, Agri Export Zone (AEZ) is a specific Seographi, , q © regi, erved to establish agriculture based processing jn, Bion, , du, ; business is meant exclusively for exports. State 8overnm,, authorised to select areas that are befitting to establig|, her, government has allowed corporate sector, tation to sponsor new AEZs or takeover alread:, , s. These zones are eligible to enjoy the benefits given to, , h, , a ., ‘d ( Adopt higher scale of o, resulting in reducing cos, , WStrigs,, ny (, , , , , , country:, , Market-oriented approach linking, , A Improving the ability to compete in overseas m, A Competitive product quality and packing,, , h Any 7) Increasing employment Opportunities,, , OF goog |) Getting better price for agricultural produce., Y Notifieg ip) Promoting trade-related R&D., , 1b oswaty ithi, Y Poth within and outside the, , all agricultural areas, , Peration enjoyin,, economy of sca, t of production, . Yichacle, , , , arkets., , St : _ r ;, rt Houses. The Central Government has sanctioned 60 ae far 0) ne out overseas markets for Indian agricultural, pro ce., , rising about 40 agricultural commodities. A, 20 states in the country., , ctives of AEZs:, , EZs is spread, , 0 increase exports of agricultural commodities., 0 take comprehensive view of a, geographically contiguous area., > develop and source raw, icking units to complete, ) identify potential, ich these products a:, integrate, sumption., integrate the inter-dey, , : ; Partmental activities of the varios, ncles concerning the Product. rin, , coordinate entire value chain, commit all out sy, e Governments,, , produce/product located in, , materials reaching processing and, final exports., , Products and geographical region in, re grown., , the entire Process from production 1, , from farm to the consumes, PPort to the scheme by the Central and, , , , , , OBJECTIVE QUESTIONS WITH ANSWERS, , , , , , (!) Select the appropriate answer and rewrite the statements:, , (a), (b), , (c), , (a), , e), , In India, FTP is announced for period., (i) short; (ii) long period; (iii) very long ;, , formulates, implements and monitors the FTP., (i) Department of Commerce; (ii) Department of, (iii) Commerce Minister :, One objective of FTP 2015-20 is — ; 's, (i) to pores large scale imports; (ii) raise India’s share in worl, exports; (iii) to raise profits of Indian exporters, FTP 2015-20 aims to promote on, () ise; (ii ices; (iii) bo, (i) merchandise; (ii) services , ;, Mid Term review of FTP 2015-20 was eee e aa, (i) 5 of Jan, 2018; (ii) 5" of Dec. 2017; aii), Export promotion basically depends ies, (i) prices charged; (li) incentives pI, goods and services, , , , Finance;, , , , (iii) competitiveness of

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158, , (2), , (9), , (h), , ), , a, (k), 0, , (m), , (n), , (0), , , , , , Vipul's™ Export Marketing, , Granting Importer-Exporters Code Number is the responsibiiy «,, , () State government; (ii) Registrar of Companies,, (ii) Finance Ministry, , DGFT acts as a connecting link between government and, (i) exporting community; (ii) Indian importers; (iii) export promotion, Restricted items under negative list can be imported or ex;, the special permission from., , (i) Ministry of Commerce; (ii) DGFT; (iii) Department of Industry, Status holder recognition is awarded by ;, , (i) IFT; (ii) FICCI, , (ary,, , Ported with, , , , , , Towns of Export Excellence will get all __Trade Policy., , (i) benefits; (ii) facilities; (iii) promotion, , No routine examination of export and import cargo for, the customs., , (i) EOUs; (ji) SEZs; (iil) AEZs, EOUs are exempted from :, (i) income tax; (ii) sales tax; (ili) excise duty, STP/BTP can procure, , goods to advance licence holders., , (W imported; (ii) duty-free; (ill) domestic, , under Foreign, , by, , inputs for supply of manufactured, , , , , , , (p) AEZsactas_____ of raw materials., , (i) standard; (ii) grading; (iii) source, [Ans.: (a — il); (b ~ i); (¢ ~ ii); (d — ii); (e — ii); (f - iii); (g - iti); (- ij;, (ii); G - iti); (k — iti); (1); (m - i); (n= itl); (0 = ii); (p - iti] ,, , (a), , (b), , (e), , (a), , (e), , Select the appropriate answer from the options given below:, , DGFT grants to Indian importers and exporters. (Nov, 18), (i) CMG; (ii) IEC; (iii) Duty drawback; (iv) Blanket permit, , Five star Export House needs to have minimum export performance of, US$ million. (Nov, 18), , , , , , (i) 1,000; (ii) 2,000; (ii) 2,500; (iv) 3,000, , One objective of FTP 2015-20 is to raised India’s share in world export, to by 2020,, , (i) 2%; (i) 3.5%; (lil) 4%; (iv) 4.5%, , There are ______ incentives to exports by E-commerce under, FTP 2015-20., , (I) no; (ii) many incentives; (iti) only two; (iv) ineffective, The responsibility for the execution of FTP is given to, , (i) Ministry of Commerce; (ii) DGFT; (ili) Commerce Ministe’, (iv) None of the above, , (3), , , , ie's For, , (), , reign Trade Policy, , , , 159, Minimum export Performan, , in US Dollars. ce for Two Star Export House is, (i) 25 million; (ii) 50 mitioy, , , , il) 75 millon; (iv) 100 millions, , , , , , (g)_AEZs are for the promotion of export of, (i) industrial (li) agri . ‘, O eae Wee commodities; (iii) industrial raw, (h) ________is a town of export excellence for textiles., (i) Bhilwara; (ii) Dewas; (iii) Jodhpur; (iv) Indore, (i) The concept of TEE was introduced in the FTP :, (i) 2015-20; (ii) 2009-14; (iil) 2001-2005; (iv) 2008-2011, @ are included in the negative list of exports., (i) Restricted items; (ii) Canalised items; (iii) Prohibited items; (iv) All, of the above, [Ans.: (a ~ ii); (b — ii); (c — ii); (d - ii); (e - ii); (f - i); (g - ii); (h - i);, (i-ii); G- ivy], , State whether the following statements are True or False:, , (a), (), (c), , (d), (e), , (f), (g), (hy, , i), @, (6), 0, (m), (n), (0), (), , (a), (ry, (s), (t), , In India, FTP is announced for a longer period of five years., , India’s exports are more than imports since 2010., , Export houses are given special privileges but trading houses are not, given such privileges., , India is a major player in World exports only next to USA., , The concept of towns of export excellence was introduced in the FTP, 2009-14,, , Canalised items of exports include Niger seeds and Onions., Wild animals are included under canalised exports., , To promote economic growth and create unemployment are two, objectives of FTP 2009-14., , Export Houses operate mainly at the port towns., , FTP 2015-20 aims to raise India’s share in world export trade to 3.5, per cent by 2020., , Mica waste is one of the canalized items in Negative list of exports., Exotic birds are banned items of exports from India., India has ratified the Trade Facilitation Agreement of WTO., DGFT is responsible for the execution of FTP., Restricted items cannot be imported to India., Performance of current year is considered, ee ah export house are allowed to double weightage of exports., Forex in rupee denomination is converted into US Dollars., Dehradun qualifies as a Town of Export Excellence. me, BTP/STP cannot club their exports with exports, company., , to award status holder

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wo IEE EEE, f, , entives and Assistance, in, , a, ung, ug, , 207, , OBJECTIVE QUESTIONS WITH ANSWERS, , select the most appropriate answer and rewrite the statements:, , ) ———— is an incentive available to Indian exporters., () Green Clause U/C (ji) Red Clause L/C (ii) Back to Back LIC, to) MDA isavailableto_, , (i) Super Star Trading Houses (ii), () MAI allows —_______ Subsidy., (i) transport (ii) income (iii) distribution, () ASIDE establishes and develops, (i) SEZs (ii) EOUs (iii) FTZs, @ practices “Off the shelf price.”, ()) MAI (ii) MDA (iii) IRMAG, , () Institutional assistance offered is in the form of to, exporters., , Trading Houses (iii) Status Holders, , (i) financial services (ii) non-financial services (iii) export licenses, (iv) export permits, , (9) EPCs are organisations., (i) profit making (ii) non-profit making (iii) loss-marketing, , (h) Commodity Boards look after the export promotion of ., (i) primary and traditional items (ii) services sector (iii), machinery, (iv) engineering goods, , () IFT is basically institute., (i) an academic and research (ii) financial (iii) export trading (iv) profit, making, , () Headquarters of ITPO is at, , (i) Mumbai (ii) New Delhi (iii) Ahmedabad (iv) Kolkata, IP was setup in Z, , (i) 1954 (i) 1980 (iii) 1966 (iv) 1965, , (k), , ) FIEO makes efforts to develop among exporters., , (i) export culture (ii) import culture (iii) business culture, (m) FICCI was established on the advice of, , (i) Mahatma Gandhi (ii) Jawaharlal Nehru (iii) Narendra Modi, in (iv) Indira Gandhi, , EPCs help in solving problems of ‘, (i) importers (ii) exporters (iii) manufacturers (iv) banks, °) Under EPCG scheme, import of second hand goods are ., ( (i) allowed (ii) disallowed (iii) prohibited _, *) ——_______ goods imported are subject to actual user conditions., ()) Manufactured (ii) Capital (iii) Non-capital, , —