Question

    EXIM Policy is the export import policy of the government that is announced:

    A Every three years Correct Answer Incorrect Answer
    B Every five years Correct Answer Incorrect Answer
    C Every 4 years Correct Answer Incorrect Answer
    D Every seventh years Correct Answer Incorrect Answer
    E Every year Correct Answer Incorrect Answer

    Solution

    EXIM Policy is the export import policy of the government that is announced every five years. It is also known as the Foreign Trade Policy. The Government of India announced export-import policy effective from April 1, 1992 which gave further push to liberalization of imports and intended to give significant boost to exports.

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