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4 Write short notes on:

May 02, 2014 By: Meliza Category: 1st SEM

a. Export promotion councils
Answer : The basic objective of Export Promotion Councils is to promote and develop the exports of the country. Each Council is responsible for the promotion of a particular group of products, projects and services. The list of Export Promotion Councils (EPCs) and specified Agencies/ Boards which shall be regarded as EPCs are given in Appendix – 31 of the Handbook
The main role of the EPCs is to project India’s image abroad as a reliable supplier of high quality goods and services. In particular, the EPCs shall encourage and monitor the observance of international standards and specifications by
b. India Trade Promotion organization
Answer : India Trade Promotion Organisation (ITPO) is synonymous with the country’s trade promotion around the world all round the year. Indeed at ITPO, the promotion of trade is an exacting mission, translating into a search for new frontiers and new horizons in the world of commercial interactions, both at macro and micro levels. A mission that finds expression in the successful organisation of trade exhibitions in India and abroad, buyer-seller meets, promotion through department stores, contact promotion
5 What are Special Economic Zones? Write one sentence each on any 5 SEZs in India.
Answer : A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country’s typical economic laws. The category ‘SEZ’ covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export processing zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign direct investment by foreign investors, typically an international business or a Multi National Corporation (MNC).Students, Get Completely solved SMU MBA Spring 2014 assignments from authorized organization www.smumbaassignment.com

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