The Foreign Trade Policy FTP of India is a framework that guides a country’s international trade activities, and this balances the imports, exports, and the overall financial and economic growth of the nation. It also lays down the government’s approach to make Indian supplies more competitive in the global market while at the same time simplifying the trade regulations for businesses. This topic holds immense importance in the examinations with respect to the exams conducted by UPSC, SSE, Banking, and other competitive exams. Thus, all the candidates who are preparing for these examinations are requested to go through these 20 MCQs to check their knowledge about the Foreign Trade Policy of India. At the same time, this compilation of the 20 most important MCQs will also serve as a source of revision.

Conclusion The FTP is updated from time to time and aims to boost export performance and strengthen India’s position at the global level. Thus, candidates who are preparing for the upcoming examinations should prepare strategically, owing to the highly competitive nature of all the examinations, and go through these MCQs without any delay.