Which of the following is true regarding Merchandise Exports from Indi – McqOptions

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1.	Which of the following is true regarding Merchandise Exports from India Scheme (MEIS)?
A.	MEIS is a major export promotion scheme implemented by the Ministry of Commerce and Industry with product and market centric concessions introduced through Foreign Trade Policy (FTP) 2015-20 on 1st April, 2015.
B.	Under MEIS, a part (percentage) of FOB of the value of exports covered under it is payable through duty credit scrips.
C.	(1) and (2) both
D.	neither of the above
Answer» D. neither of the above

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