Home » The Advance Authorization Scheme (AAS) or Advance License Scheme launched by the Government of India under the Foreign Trade Policy 2015-2020 has recently attracted attention in the news. Which government body implements the Advance Authorization Scheme ?
The Advance Authorization Scheme (AAS) or Advance License Scheme launched by the Government of India under the Foreign Trade Policy 2015-2020 has recently attracted attention in the news. Which government body implements the Advance Authorization Scheme ?
May 22, 2023
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(a) Reserve Bank of India (RBI)
(b) Ministry of Finance
(c) Directorate General of Foreign Trade (DGFT)
(d) Ministry of Commerce and Industry
Ans.(c)
Notes: The Directorate General of Foreign Trade (DGFT), operating under the Ministry of Commerce and Industry, is responsible for implementing the Advance Authorization Scheme.
