Consider the following statements with reference to IndiaXports 2021:

October 1, 2021

UPSC Daily Current Affairs Quiz 1 October 2021

Consider the following statements with reference to IndiaXports 2021:

1. It is a portal of India Export Initiative and SME (Small and Medium Enterprises) Forum initiated by the Union Minister for Micro, Small and Medium Enterprises (MSMES), Narayan Tatu Rana.

2. It will work as a global manufacturing powerhouse by improving India’s manufacturing base.

Choose the correct statement/s.

A. 1 Only

B. 2 Only

C. Both 1 & 2

D. None

Answer: Both 1 & 2

Explanation:

Indian minister for micro, small and medium enterprises (MSMEs) Narayan Rane recently virtually inaugurated the India Export Initiative and IndiaXports 2021 portal of India SME Forum.

It will work as a global manufacturing powerhouse by improving India’s manufacturing base. IndiaXports aims to orient MSMEs, without any fees, with the objective of focussing on the untapped export potential in existing tariff lines and help grow the number of exporting MSMEs.

UPSC Daily Current Affairs Quiz Test 1 October 2021 Click Here