Question
What recent agreement did the Department of Posts in
India enter into to enhance e-commerce exports?Solution
Department of Posts, as part of its ongoing initiatives to create an export ecosystem for e-commerce in the country, entered into an agreement with Bigfoot Retail Solution Pvt Ltd (Shiprocket), one of the leading e-commerce enablement platforms. The collaboration aims to enhance e-commerce exports by leveraging India Post’s extensive presence and reliable shipping solutions. India Post has taken a series of steps in the recent past like expansion of Foreign Post Offices, introduction of Postal Bill of Export to enable commercial exports through post offices, launch of a competitive International Tracked Packet Service and setting up of Dak Ghar Niryat Kendras (DNKs) across the country. This agreement will lead to technical integration between Dak Ghar Niryat Kendra and Shiprocket and enable India based sellers, using Shiprocket, to directly generate e-PBE and shipping labels from Shiprocket platform itself. The agreement is the latest addition in India Post’s export-oriented initiatives after the MoU signed with Amazon. Learn Along: About India Post Founded: 1 October 1854    Headquarters: New Delhi    Director General : Vineet Pandey
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2: ...
State Hotelling's Rule (or the Hotelling Principle) for the extraction of a non-renewable resource. What is the economic significance of the "user cost"...
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
According to the Travel and Tourism Development Index (TTDI) 2024 report published by the World Economic Forum (WEF), India is ranked
If the correlation coefficient (r) between two variables is -0.85, it indicates:
According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic int...
The McDougall Rule, in the context of public finance, primarily suggests that:
Assertion (A): Use of goods and services from which one can be excluded are pure private goods.
Reason (R): Such goods and se...
The 'Vertical Equity' principle of taxation implies that:
The Travel Cost Method (TCM) is a Revealed Preference Method. What type of environmental good or service is it typically used to value, and what actual ...