Which one of the following is the main government agency responsible for development and monitoring international trade in India?

Indian Institute of Foreign Trade
Federation of Indian Export Organisations
Department of Commerce
Export Promotion Council

The correct answer is C. Department of Commerce.

The Department of Commerce is the main government agency responsible for development and monitoring international trade in India. It is a ministry of the Government of India that is responsible for promoting and regulating foreign trade, as well as for providing export promotion services. The Department of Commerce is headed by the Minister of Commerce and Industry, who is a member of the Union Cabinet.

The Department of Commerce has a number of functions, including:

  • Promoting Indian exports and imports
  • Regulating foreign trade
  • Providing export promotion services
  • Conducting research on international trade
  • Representing India at international trade forums

The Department of Commerce is headquartered in New Delhi, and it has offices in all major cities in India. It also has a number of overseas offices, including in London, Washington, D.C., and Tokyo.

The Department of Commerce is a key player in the Indian economy. It plays a vital role in promoting and regulating foreign trade, and it provides a range of export promotion services to Indian businesses. The Department of Commerce is committed to helping Indian businesses succeed in the global marketplace.

The other options are incorrect because:

  • The Indian Institute of Foreign Trade is a public research university that is focused on international trade. It is not a government agency.
  • The Federation of Indian Export Organisations is a non-profit organization that represents the interests of Indian exporters. It is not a government agency.
  • The Export Promotion Council is a government agency that is responsible for promoting exports from India. However, it is not the main government agency responsible for development and monitoring international trade in India.
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