MCQ

Export Promotion Mission (EPM) MCQ - Practice Questions with Answers

Solve 5 Export Promotion Mission (EPM) questions for RAS/RPSC preparation.

Practice questions

Q1Match List I with List II and select the correct answer using the code below. List I (Intervention): 1. TRACE 2. LIFT 3. FLOW 4. MAS List II (Principal support): a. Compliance and certification b. Freight and transport c. Overseas warehousing and fulfilment d. Market-access events

A 1-a, 2-b, 3-d, 4-c

B 1-b, 2-a, 3-c, 4-d

C 1-d, 2-c, 3-b, 4-a

D 1-a, 2-b, 3-c, 4-d

Explanation

TRACE finances international testing, inspection and certification compliance; LIFT reduces eligible freight and transport costs; FLOW supports overseas warehousing and fulfilment infrastructure; and MAS supports buyer-seller meets, trade fairs and delegations. The exact matching is therefore 1-a, 2-b, 3-c and 4-d, so option D is correct.

Q2Consider the following statements about the Export Promotion Mission: 1. It has a total outlay of ₹25,060 crore for FY 2025-26 to FY 2030-31. 2. The separate ₹20,000 crore Credit Guarantee Scheme for Exporters is included within this outlay. Which of the statements given above is/are correct?

A 1 only

B 2 only

C Both 1 and 2

D Neither 1 nor 2

Explanation

Statement 1 is correct: the mission's approved outlay is ₹25,060 crore for FY 2025-26 through FY 2030-31. Statement 2 is incorrect: the ₹20,000 crore Credit Guarantee Scheme for Exporters was approved alongside the mission and complements it, but it is not part of the ₹25,060 crore outlay. Thus only statement 1 is correct.

Q3Which institution is the implementing agency for the Export Promotion Mission?

A Directorate General of Foreign Trade

B Reserve Bank of India

C National Bank for Agriculture and Rural Development

D Securities and Exchange Board of India

Explanation

The Directorate General of Foreign Trade is the designated implementing agency under the Ministry of Commerce and Industry. It manages the mission's application-to-disbursal cycle through a dedicated digital platform integrated with existing trade systems; therefore option A is correct.

Q4Which option correctly describes the two integrated sub-schemes of the Export Promotion Mission?

A Niryat Protsahan is non-financial, while Niryat Disha is financial.

B Niryat Protsahan focuses on financial support, while Niryat Disha focuses on non-financial and market-access support.

C Both sub-schemes are confined to collateral guarantees for export credit.

D Both sub-schemes operate solely through event-based grants for trade fairs.

Explanation

Niryat Protsahan is the financial arm, covering instruments such as interest subvention, export factoring and collateral support. Niryat Disha is the non-financial arm, covering compliance, logistics, overseas warehousing, trade intelligence and market access. Hence option B alone preserves the official division of roles.

Q5Under collateral support for export credit, what guarantee coverage is available respectively to micro and small enterprises and to medium enterprises?

A 65% and 85%

B 75% and 60%

C 85% and 65%

D 90% and 75%

Explanation

Collateral support provides 85% credit-guarantee coverage for micro and small enterprises and 65% for medium enterprises. The maximum eligible credit is ₹10 crore per exporter, but that ceiling does not alter the two coverage rates. Therefore the required order is 85% followed by 65%, making option C correct.

You've seen 5 of 5 sample questions

Unlimited practice on Export Promotion Mission (EPM) comes with the RAS Test Series + Practice pack or Gate Pass.

More topics in Government Schemes

Practice questions

You've seen 5 of 5 sample questions

More topics in Government Schemes

Explore other subjects