Question
Which of the following changes has been introduced by
the Directorate General of Foreign Trade (DGFT) to simplify the Export Promotion Capital Goods (EPCG) scheme?Solution
Statement A is incorrect because the EPCG scheme allows the import of capital goods at zero customs duty against an export obligation. Statement B is incorrect as the period for submitting installation certificates under the EPCG scheme has been extended, not shortened. Statement C is correct as DGFT has introduced a simplified and reduced composition fee structure for extending the export obligation period, aiming to minimize manual intervention and streamline compliance. Statement D is incorrect because the changes aim to minimize manual intervention, not increase it. Statement E is incorrect as the changes are intended to create a more business-friendly environment and improve India's manufacturing competitiveness, not make the scheme more complex and stringent. Therefore, the correct statement is C, making it the correct answer for this question.
Statements:
All blacks are white.
Only a few whites are red.
No red is yellow.
Conclusions:
I)Â Â Some whites a...
Statements:
Some kitchen is balcony.
All balcony is room.
No room is floor.
Conclusions:
I....
Statements:
All Books are Pencil.
Some Pencil are Scale.
No Scale is Eraser.
Conclusion:
All Pencil can be Eraser...
Statements:
Some bottles are not cans.
All boxes are drawers.
No can is a box.
Conclusions:
I. Some boxes are no...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Some park are road.
                             ...
- In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if they ...
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varia...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
Only a few Pockets are Expenditure.
No Expenditure is Saving.
Some Saving are Deposit.
Conclusions:
Relevant for Exams:
