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    Question

    Foreign Trade Policy is a policy document which is

    based on continuity of time-tested schemes facilitating exports as well as a document which is nimble and responsive to the requirements of trade. Which of the following salient features of FTP 2023 is incorrect?
    A Continuous and responsive framework with no end date Correct Answer Incorrect Answer
    B Digitisation and faster processing of applications Correct Answer Incorrect Answer
    C Amnesty scheme for shortfall in export obligations Correct Answer Incorrect Answer
    D Over 50% reduction in threshold for recognition of star trade houses Correct Answer Incorrect Answer
    E Targets $2 trillion exports by 2047. Correct Answer Incorrect Answer

    Solution

    Targets $2 trillion exports by 2030

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