UPSC Exam  >  UPSC Questions  >  Consider the following statements, with refer... Start Learning for Free
Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):
1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.
2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.
How many 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?
Most Upvoted Answer
Consider the following statements, with reference to the Special Chemi...
The correct answer is option 'C' - Both 1 and 2.

Explanation:
1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications:
The Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET) list is a list of items that have both civilian and military applications. These items have the potential to be used for both peaceful and non-peaceful purposes. The SCOMET list is used for export control purposes to regulate the trade and transfer of these dual-use items. The list includes various categories such as chemicals, biological agents, materials, equipment, and technologies that can be used for both civilian and military purposes. Therefore, statement 1 is correct.

2. Indian Trade Classification based on the Harmonized System (ITCHS) is an eight-digit code that was adopted in India for import-export operations:
The Indian Trade Classification based on the Harmonized System (ITCHS) is an eight-digit code used for the classification of goods for import-export operations in India. The Harmonized System (HS) is an internationally standardized system for classifying traded products. It provides a common language for describing products and is used by customs authorities around the world. The ITCHS is based on the HS and is used in India for customs purposes, including the determination of import duties, export incentives, and statistical analysis of trade data. Therefore, statement 2 is correct.

In conclusion, both statements 1 and 2 are correct. The SCOMET list deals with dual-use items that can be used for both civilian and military applications, while the Indian Trade Classification based on the Harmonized System (ITCHS) is an eight-digit code used for import-export operations in India.
Free Test
Community Answer
Consider the following statements, with reference to the Special Chemi...
In News: The Directorate General of Foreign Trade (DGFT), has simplified and liberalised the policy for export of Drones/UAVs meant for civilian end uses from India.
Statement 1 is correct:
SCOMET list:

SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment, and Technologies. The list deals with the dual-use items that can be used for both civilian and military applications.
India’s Foreign Trade Policy regulates the export of items on the SCOMET List.
The exporter must obtain a licence from the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, to export SCOMET.
Statement 2 is correct:
ITCHS classification:
Indian Trade Classification based on the Harmonized System (ITCHS) was adopted in India for import-export operations.
Indian custom uses eight digit ITC-HS Codes.
ITC-HS Codes Schedules:ITC-HS codes are divided into two schedules.
Schedule I describes the rules and guidelines related to import policies
Schedule II describes the rules and regulations related to export policies.
 
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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
Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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 Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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 Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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?.
Solutions for Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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?, a detailed solution for Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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? has been provided alongside types of Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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? theory, EduRev gives you an ample number of questions to practice Consider the following statements, with reference to the Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET):1. SCOMET list deals with the dual-use items that can be used for both civilian and military applications.2. Indian Trade Classification based on the Harmonized System (ITCHS) is a eight digit code that was adopted in India for import-export operations.How many 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? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev