What are the institutions established by the Indian government to facilitate foreign trade?
Understand the Problem
The question is asking about various institutions set up by the Indian government to facilitate foreign trade, highlighting specific organizations and their roles.
Answer
Department of Commerce, EPCs, Commodity Boards, EIC, ITPO.
The Indian government has established several institutions to facilitate foreign trade, including the Department of Commerce, Export Promotion Councils (EPCs), Commodity Boards, Export Inspection Council (EIC), and Indian Trade Promotion Organisation (ITPO).
Answer for screen readers
The Indian government has established several institutions to facilitate foreign trade, including the Department of Commerce, Export Promotion Councils (EPCs), Commodity Boards, Export Inspection Council (EIC), and Indian Trade Promotion Organisation (ITPO).
More Information
These institutions play vital roles in promoting foreign trade by framing policies, enhancing quality control, and facilitating exhibitions and fairs.
Tips
Ensure the correct naming and roles of each institution, as there can be similar-sounding bodies with different functions.
Sources
- Indian Institute of Foreign Trade (IIFT) - Mcommerce - commerce.gov.in
- Export Promotion Councils - Mcommerce - commerce.gov.in
- Trade Promotion - National Portal of India - india.gov.in
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