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  9. Q102

TGPSC Group-I 2023 · Question 102 of 136

Consider the following statements in relation to the Foreign Trade Policy of the Government of India : A. Foreign Trade Policy is a set of guidelines and instructions established by the Directorate General of Foreign Trade (DGFT) in matters related to the import and export of goods in India. B. The Government of India, Ministry of Finance announces Export Import Policy every five years. Which of the above statements is/are correct ?

Economy

  1. AA onlyCorrect
  2. BB only
  3. CBoth A and B
  4. DNeither A nor B

Answer: A. A only

Explanation

Only A is correct; the Foreign Trade Policy is announced by the Ministry of Commerce and Industry, not the Ministry of Finance.

Source: TGPSC Group-I Preliminary Test 2023 official question paper (held 11 Jun 2023)

← Q101View full paper (136 questions)Q103 →

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