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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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