Mar-09
Apr-08
Aug-09
Oct-09
Answer is Right!
Answer is Wrong!
The correct answer is: A. March 2009
The
Foreign Trade Policy, 2009-14 was announced on 31 March 2009. It was the 11th Foreign Trade Policy of India. The policy was aimed at promoting exports and making India a global hub for trade and investment. It also aimed at reducing import duties and making it easier for foreign companies to do business in India.The policy was divided into three phases:
- Phase I (2009-10): This phase was focused on providing a boost to exports. The government announced a number of measures to promote exports, including providing tax breaks and subsidies to exporters.
- Phase II (2011-12): This phase was focused on making India a global hub for trade and investment. The government announced a number of measures to attract foreign investment, including simplifying the investment process and providing tax breaks to foreign investors.
- Phase III (2013-14): This phase was focused on reducing import duties and making it easier for foreign companies to do business in India. The government announced a number of measures to reduce import duties, including simplifying the import process and providing tax breaks to importers.
The Foreign Trade Policy, 2009-14 was a major step in the development of India’s foreign trade. The policy helped to boost exports, attract foreign investment, and reduce import duties. It also made it easier for foreign companies to do business in India. The policy was a success and helped to make India a major player in the global economy.
The other options are incorrect because:
- Option B: April 2008 is incorrect because the Foreign Trade Policy, 2009-14 was announced on 31 March 2009.
- Option C: August 2009 is incorrect because the Foreign Trade Policy, 2009-14 was announced on 31 March 2009.
- Option D: October 2009 is incorrect because the Foreign Trade Policy, 2009-14 was announced on 31 March 2009.