WBCS.LIVE practice question

Canalised list of items in foreign trade on India refers to—

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. The items to be imported by the private agencies
  2. List of items to be subsidised
  3. List of items to be granted duty concession
  4. Items to be imported only by the State owned undertaking

Correct answer and explanation

Correct answer: Items to be imported only by the State owned undertaking