General Knowledge · General Awareness
With reference to 'Towns of Export Excellence' (TEE) status under India's Foreign Trade Policy, consider the following statements: Statement I: To qualify for TEE status, a town must have an annual turnover of at least 1,000 Crore Rupees, except for the agricultural sector where the limit is 500 Crore Rupees. Statement II: Common Service Providers (CSPs) located within a TEE are eligible for the EPCG scheme, and export obligations can be fulfilled through exports by units using those services. Statement III: TEEs are eligible for financial assistance under the Market Access Initiative (MAI) scheme for activities like organizing trade fairs. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III
- 2Only II and III✓
- 3Only I and II
- 4Only I
Correct answer
Only II and III
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