UPSC CAPF (AC) 2024 Paper I · Question 112

Question 112 of the UPSC CAPF (AC) 2024 Paper I (4 August 2024). Try it first, then open the answer and explanation.

1. CAPF 2024 · P-I · Q112 · Indian Economy · External Sector & Trade

   Which of the following is NOT one of the pillars of India's 'Foreign Trade Policy-2023'?

   1. Enlarging MFN (Most Favored Nations)
   2. Export promotion through collaboration
   3. Ease of doing business
   4. Emerging areas - streamlining SCOMET policy

   निम्नलिखित में से कौन-सा, भारत की 'विदेश व्यापार नीति-2023' के स्तंभों में से एक नहीं है?

   1. MFN (सर्वाधिक पसंदीदा राष्ट्र) का विस्तार
   2. सहभागिता के माध्यम से निर्यात प्रोत्साहन
   3. कारोबारी सुगमता
   4. उभरते क्षेत्र-स्कोमेट (SCOMET) नीति को सुव्यवस्थित करना
   Show answer

   Answer: (1) Enlarging MFN (Most Favored Nations)

   उत्तर: (1) MFN (सर्वाधिक पसंदीदा राष्ट्र) का विस्तार

   Foreign Trade Policy 2023 rests on four pillars: Incentive to Remission; Export promotion through collaboration (exporters, States, districts and Indian Missions); Ease of doing business, reduction in transaction cost and e-initiatives; and Emerging areas (e-commerce, districts as export hubs, streamlining SCOMET policy). Enlarging MFN status is not one of them.

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