Current Affairs · Foreign Trade & Export Schemes
With reference to Market Access Support (MAS) initiatives under export promotion frameworks, consider the following statements: Statement-I: Market Access interventions represent a shift towards a coordinated and outcome-oriented market access framework for exporters. Statement-II: Under such interventions, support for trade fairs, buyer-seller meets, and exporter delegations is intended to reduce market entry barriers and improve export diversification, especially for MSMEs. Statement-III: Market access interventions operate in complete isolation and independently of broader trade credit facilitation measures. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement-II and Statement-III are correct and both of them explain Statement-I
- 2Both Statement-II and Statement-III are correct, but only one of them explains Statement-I
- 3Only one of Statement-II and Statement-III is correct and that explains Statement-I✓
- 4Neither Statement-II nor Statement-III is correct
Correct answer
Only one of Statement-II and Statement-III is correct and that explains Statement-I
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