Economics · Foreign Trade Policy
An MSME exporter of handicraft items from the North Eastern Region achieved FOB export performance of USD 12 Million (Year 1), USD 18 Million (Year 2), USD 25 Million (Year 3), and USD 15 Million (Current Year pro-rata). Under Foreign Trade Policy (FTP) 2023, considering double weightage for MSME/Handicrafts/NER, calculate the 'Cumulative Performance' and identify the eligible 'Star Status' category.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Cumulative: 55 Million USD; Status: 2-Star Export House
- 2Cumulative: 65 Million USD; Status: 2-Star Export House
- 3Cumulative: 140 Million USD; Status: 3-Star Export House✓
- 4Cumulative: 70 Million USD; Status: 3-Star Export House
Correct answer
Cumulative: 140 Million USD; Status: 3-Star Export House
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