Economics · Foreign Trade Policy
Under the Foreign Trade Policy, the Status Holder certification provides privileges to exporters based on export performance. For an exporter applying for a 'Two Star Export House' status, what is the minimum export performance requirement in FOB/FOR value (in US Dollar million equivalent) during the current and previous three financial years, and which condition is NOT granted as a benefit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 115 million USD threshold; Exemption from furnishing Bank Guarantee under FTP schemes.
- 225 million USD threshold; Mandatory/compulsory negotiation of export documents exclusively through banks.✓
- 315 million USD threshold; Entitlement to export free of cost samples up to 2 percent of average annual export turnover.
- 425 million USD threshold; Permission to self-certify the Certificate of Origin for manufactured goods.
Correct answer
25 million USD threshold; Mandatory/compulsory negotiation of export documents exclusively through banks.
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