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Questions › UGC-NET › UGC-NET 2025 › Q10
2 marksIndian Economy › India's external sector and trade policy › Trade policy and international engagementHardabout 2 min

UGC-NET 2025 Question 10: India's external sector and trade policy

Which of the following are correct about the Foreign Trade Policy (FTP) 2023 of India?

A. India's FTP 2023 promotes cross-border trade in the digital economy.

B. FTP 2023 emphasized creation of E-commerce Export Hubs (ECEH).

C. It prohibits export and import of arms and related material from/to Iraq.

D. It prohibits import of charcoal from Somalia.

E. It emphasizes strengthening trade with the Democratic People's Republic of Korea in combat aircraft, missiles and arms-related materials. Choose the most appropriate answer from the options given below:

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Answer and worked solution

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India's external sector and trade policy has come up 25 times in 6 exams since 2011.

What this question tests

This question is on Trade policy and international engagement, part of India's external sector and trade policy in Indian Economy.

India's trade rules and its place in world trade.

TestStop has 5 past-paper questions on this subtopic.

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