Which authority acts as a facilitator of exports and imports in India?
Show Hint
- DGFT (Director General, Foreign Trade)
- DGS&D (Director General, Supply & Depot)
- Minister of Commerce and Trade
- Chief Secretary, Ministry of Commerce and Trade
The Correct Option is A
Solution and Explanation
The DGFT is the primary regulatory body overseeing India's import-export policies. It formulates and implements the Foreign Trade Policy (FTP) to promote exports and regulate imports. DGFT issues Importer Exporter Codes (IEC), licenses for exporters and importers, and administers various schemes such as SEIS (Service Exports from India Scheme) and MEIS (Merchandise Exports from India Scheme). It also ensures that India's trade aligns with international agreements and compliance standards.
Top Questions on Trade of India
- Describe the changing pattern of the composition of India’s exports.
- UP Board XII - 2024
- Geography
- Trade of India
- Explain the meaning of Hinterland.
- UP Board XII - 2024
- Geography
- Trade of India
- Indian Trade Classification (National Harmonized System of Goods) ITC (HS) Code is having how many digits?
- CUET (PG) - 2024
- Commerce
- Trade of India
- This scheme provides a refund of import duty on raw materials, components, and packing materials used in the export product, reducing the input cost of exports.
- CUET (PG) - 2024
- Commerce
- Trade of India
Questions Asked in CUET PG exam
Match List-I with List-II\[\begin{array}{|c|c|} \hline \textbf{Provision} & \textbf{Case Law} \\ \hline \text{(A) Strict Liability} & \text{(1) Ryland v. Fletcher} \\ \hline \text{(B) Absolute Liability} & \text{(II) M.C. Mehta v. Union of India} \\ \hline \text{(C) Negligence} & \text{(III) Nicholas v. Marsland} \\ \hline \text{(D) Act of God} & \text{(IV) MCD v. Subhagwanti} \\ \hline \end{array}\]
- CUET (PG) - 2025
- Law of Torts
Match List-I with List-II\[\begin{array}{|c|c|} \hline \textbf{List-1} & \textbf{List-II} \\ \hline \text{(A) Hadley v. Baxendale} & \text{(1) Undue Influence} \\ \hline \text{(B) Henkel v. Pape} & \text{(II) Coercion} \\ \hline \text{(C) Manu Singh v. Umadat Pandey} & \text{(III) Quantum of Damages} \\ \hline \text{(D) Chikkam Amiraju v. Seshamma} & \text{(IV) Mistake} \\ \hline \end{array}\]
- CUET (PG) - 2025
- Contract Law
Match List-I with List-II
\[\begin{array}{|c|c|} \hline \textbf{List-1} & \textbf{List-II} \\ \hline \text{(A) Complete Justice} & \text{(I) Article 137} \\ \hline \text{(B) Special Leave Petition} & \text{(II) Article 131} \\ \hline \text{(C) Review of the Judgments} & \text{(III) Article 142} \\ \hline \text{(D) Original Jurisdiction} & \text{(IV) Article 136} \\ \hline \end{array}\]
- CUET (PG) - 2025
- Judicial Process
Match List-I with List-II
- CUET (PG) - 2025
- Indian Constitution
Match List-I with List-II
\[\begin{array}{|c|c|} \hline \textbf{List-1} & \textbf{List-II} \\ \hline \text{(A) Ram Jawaya Kapur v. State of Punjab} & \text{(I) Separation of powers} \\ \hline \text{(B) Delhi Laws Act, 1912} & \text{(II) Delegated legislation} \\ \hline \text{(C) Maneka Gandhi v. Union of India} & \text{(III) Doctrine of proportionality} \\ \hline \text{(D) Om Kumar v. Union of India} & \text{(IV) Post decisional hearing} \\ \hline \end{array}\]
- CUET (PG) - 2025
- Administrative Law