Q. Federation of Indian Exports organization arranges seminars & exhibitions to disseminate information.
✅ Correct Answer: (A)
True
Export Import Procedures and Documentation MCQs and Notes
Q. Trade promotion Organization imparts the -----------information available in foreign markets.
✅ Correct Answer: (B)
basic
Q. Both the FIEO and ITPO have almost -----------objectives
✅ Correct Answer: (A)
common
Q. FERA and FEMA are one and the same
✅ Correct Answer: (B)
No
Q. Current EXIM policy is for a period of 3 years
✅ Correct Answer: (B)
5 years
Q. Premier Trading House certificate has been changed to--------------
✅ Correct Answer: (A)
Five Star Export house
Q. Specific export requirements under the EPCG scheme have been reduced from 90% of normal amount consideration to --------------of the normal amount consideration.
✅ Correct Answer: (C)
75%
Q. As per the new trade policy, the previously existing Served From India Scheme (SFIS) has been scrapped, in its place the ------------------------------ scheme has been announced.
✅ Correct Answer: (A)
Services Export from India (SEIS)
Q. As per the MEIS scheme, the export promotion reward ------------- shall be issued to exporters without any attached conditions on the basis of realised FOB value provided they pertain to goods notified for the scheme by the government.
✅ Correct Answer: (A)
scrips
Q. MEIS scheme actually is-
✅ Correct Answer: (C)
Merchandise Exports from India Scheme