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Q. Form GP2 is issued for the removal of excisable goods without payment of duty.

Q. Specific export requirements under the EPCG scheme have been reduced from 90% of normal amount consideration to --------------of the normal amount consideration.

Q. The limit of holdings by Individual Foreign Institutional Investors in a Company has been raised from 5 to 10 % of the company’s shares, while the aggregate limit has been increased from 24 to 34 %.

Q. ______ refers to the policy measures adopted by a country with reference to its exports and imports.

Q. An important feature of Export License under which certain goods can be imported only by designated agencies. For an example, an item like gold, in bulk, can be imported only by specified banks like SBI and some foreign banks or designated agencies.

Q. EOU can be located anywhere in the country.

Q. There is no difference between Bill of lading and mate receipt.

Q. Deemed export benefits are sanctioned by DGFT without claims.

Q. The Reserve Bank is expected to formulate standard operating procedure (SOP) for approval of FDI proposals by ministries following the government decision to phase out what board?

Q. Federation of Indian Exports organization arranges seminars & exhibitions to disseminate information.