Daily Quiz May 2023
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 ?

(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 ...

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