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The present Trade Policy (2009-14) of the Government of India aims to achieve an annual export growth rate of:
Question

The present Trade Policy (2009-14) of the Government of India aims to achieve an annual export growth rate of:

A.

14 percent

B.

15 percent

C.

16 percent

D.

13 percent

Correct option is B

The Foreign Trade Policy (FTP) of the Government of India for 2009–2014 aimed to achieve an annual export growth rate of 15%. The policy also had the following objectives:
Reverse the decline: To reverse the declining trend of exports
Support affected sectors: To support sectors that were affected by the recession in the developed world
Double exports: To double India's exports of goods and services by 2014
Double share in global trade: To double India's share in global trade by 2020

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