Examine the following statements concerning export incentive schemes under the Foreign Trade Policy (FTP): Statement I: The Advance Authorization Scheme allows for duty-free import of inputs that are to be physically incorporated in the export product. Statement II: The Export Promotion Capital Goods (EPCG) Scheme allows duty-free import of capital goods subject to a specified export obligation. Statement III: The Interest Equalisation Scheme (IES) provides a uniform 5 percent interest subvention across the board to all exporters irrespective of sector or enterprise category. Statement IV: The Authorized Economic Operator (AEO) program provides direct fiscal incentives and tax refunds to exporters. Which of the above statements are factually correct?

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Economics · Economy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Only Statement I and Statement II

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Answer 1

Only Statement I and Statement III

Answer 2

Only Statement II and Statement IV

Answer 3

Only Statement I and Statement II

Answer 4

All the Statements (I, II, III, and IV)

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