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With reference to the draft district-wise export promotion plan, consider the following statements:
1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.
2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
With reference to the draft district-wise export promotion plan, consi...
The government has readied a draft district-wise export promotion plan for 451 districts in the country after identifying products and services with export potential in 725 districts, Commerce Secretary said.
- Aiming for double-digit export growth from 500 districts over 3-5 years, the Commerce Ministry has asked States to prepare an annual ‘export ranking index’ of districts on export competitiveness with the assistance of the Directorate General of Foreign Trade (DGFT).
- While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.
- The district-specific approach, that involves the States in identifying potential export sectors and the logistics bottlenecks to be fixed, was taken up after Prime Minister Narendra Modi pushed for each district to aim to be an export hub during his Independence Day address in 2019.
- In the initial phase, products and services with export potential in each district have been identified and an institutional mechanism of State and District Export Promotion Committees (SEPC) are being created, with an action plan to grow exports from each district.
- District Export Promotion Committees have been notified in the districts of all the States except West Bengal.
Hence both statements are correct.
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With reference to the draft district-wise export promotion plan, consi...
's GDP, exports contribute only 20% to India's GDP.
2. The draft district-wise export promotion plan aims to increase India's exports by targeting specific districts.
3. The plan focuses on promoting export-oriented industries in each district based on their unique strengths and resources.
4. The plan includes measures to enhance infrastructure, develop skills, provide financial assistance, and facilitate market access for exporters.
5. The plan aims to increase India's share in global exports from the current 1.7% to 3.5% by 2025.
Correct statements:
2. The draft district-wise export promotion plan aims to increase India's exports by targeting specific districts.
3. The plan focuses on promoting export-oriented industries in each district based on their unique strengths and resources.
4. The plan includes measures to enhance infrastructure, develop skills, provide financial assistance, and facilitate market access for exporters.
5. The plan aims to increase India's share in global exports from the current 1.7% to 3.5% by 2025.
2. The draft district-wise export promotion plan aims to increase India's exports by targeting specific districts.
3. The plan focuses on promoting export-oriented industries in each district based on their unique strengths and resources.
4. The plan includes measures to enhance infrastructure, develop skills, provide financial assistance, and facilitate market access for exporters.
5. The plan aims to increase India's share in global exports from the current 1.7% to 3.5% by 2025.
Correct statements:
2. The draft district-wise export promotion plan aims to increase India's exports by targeting specific districts.
3. The plan focuses on promoting export-oriented industries in each district based on their unique strengths and resources.
4. The plan includes measures to enhance infrastructure, develop skills, provide financial assistance, and facilitate market access for exporters.
5. The plan aims to increase India's share in global exports from the current 1.7% to 3.5% by 2025.
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With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the draft district-wise export promotion plan, consider the following statements:1. While foreign trade constitutes 45% of India’s GDP, most export promotion efforts are driven by the Centre.2. District Export Promotion Committees have been notified in the districts of all the States except West Bengal.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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