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UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

  • question_answer
          Which of the following is related to the EPCG Scheme of Central Government?

    A) Foreign Investment         

    B) Foreign Trade

    C) Communication  

    D)        Banking

    Correct Answer: B

    Solution :

    The Export Promotion Capital Goods (EPCG) scheme was one of the several export-promotion initiatives launched by the government in the early ?90s. The basic purpose of the scheme was to allow exporters to import machinery and equipment at affordable prices so that they can produce quality products for the export market.


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