Foreign Trade Policy and export schemes MCQ - Practice Questions with Answers

MEIS, the Merchandise Exports from India Scheme, was introduced under the Foreign Trade Policy, 2015-2020 to promote exports of notified goods to notified markets. The Foreign Trade Policy, 2004-2009 belonged to an earlier policy cycle and did not launch MEIS. The 1991 policy context is linked with liberalisation-era trade reforms, not this scheme. Foreign Trade Policy, 2021-2024 is later than the launch of MEIS and therefore cannot be the introducing policy.